A Corporation Has a Fiscal Year-End of May

question 69

Multiple Choice

A corporation has a fiscal year-end of May. If the corporation receives an automatic six-month extension to file its return, the return will be due on the 15^th of:

• A) November.
• B) December.
• C) January.
• D)February.

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Definitions:

Ions

Atoms or molecules with a net electric charge due to the loss or gain of one or more electrons.

Solution

A homogeneous mixture composed of two or more substances, where the solute is dissolved in the solvent.

Adrenal Cortex

The outer layer of the adrenal glands that produces steroid hormones such as cortisol and aldosterone, which regulate metabolism and blood pressure.

Hormones

Chemical messengers produced by the endocrine glands in the body, transported in the bloodstream to target organs to regulate physiology and behavior.