Which of the Following Statements Regarding a 52-53 Week Tax

question 82

Multiple Choice

Which of the following statements regarding a 52-53 week tax year is not correct?

• A)Some tax years will include more than 366 calendar days.
• B)Whether the particular tax year includes 52 weeks or 53 weeks is not elective.
• C)The year-end must be the same day of the week in all years.
• D)All of these are correct.
• E)None of these is correct.

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Definitions:

Costly Changes

Alterations in a process, system, or organization that require significant resources, such as time, money, or effort, often assessed against potential benefits.

Employers

Individuals or organizations that hire and pay people to work for them, typically in exchange for their labor or professional services.

Employment Selection

The process of assessing and choosing from among job applicants to decide who should be hired for a vacant position.

Pencil-and-paper Tests

Traditional forms of assessment used to evaluate an individual's knowledge, skills, or psychological state, requiring written responses on paper.