Identify Which of the Following Statements Is True

question 28

Multiple Choice

Identify which of the following statements is true.

• A)Organizational expenditures incurred by a corporation do not include the cost of accounting services necessary to create the corporation.
• B)Organizational expenditures incurred by a corporation do not include the cost of printing stock.
• C)Unamortized organizational expenses cannot be deducted when the corporation is liquidated.
• D)All of the above are false.