A C Corporation That Does Not Have a Natural Business

question 15

True/False

A C corporation that does not have a natural business year must use a calendar year as its tax year.

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Definitions:

Labor Union

A group of employees united to safeguard and promote their rights and interests via collective negotiation.

Elected And Run

A process or system where leaders or representatives are chosen through a vote and then assume control or management duties.

Unitarist View

An organizational perspective that emphasizes the importance of teamwork and a harmonious employer-employee relationship, seeing the organization as a unified entity.

Common Goals

Shared objectives or outcomes that a group or organization aims to achieve.