A Calendar Year C Corporation Can Receive an Automatic 9-Month

question 77

True/False

A calendar year C corporation can receive an automatic 9-month extension to file its corporate return (Form 1120)
by timely filing a Form 7004 for the tax year.

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Definitions:

Inconsistent Cognitions

The psychological state of having conflicting beliefs, attitudes, or thoughts, which can lead to discomfort and a drive to resolve the inconsistency.

Trivialize Cognitions

The process of minimizing or reducing the perceived importance or value of thoughts and beliefs.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (thoughts, beliefs, or attitudes).

Exercise Behavior

The patterns and habits of physical activity performed by an individual to maintain or improve health.