An S Corporation Cannot Have More Than ____ Shareholders

question 38

Multiple Choice

An S Corporation cannot have more than ____ shareholders.

• A) 25
• B) 50
• C) 75
• D) 100

---

Definitions:

Lean Accounting System

An accounting approach that focuses on creating value for customers by optimizing resources and reducing waste.

Work In Process

Items or materials that are in the process of being manufactured but have not yet been completed.

Direct Labor Account

An account that tracks the cost of workers who are directly involved in the production of goods or services.

Lean Manufacturing

A systematic method for waste minimization within manufacturing systems without sacrificing productivity.