Which of the Following Statements About Short-Period Returns Is True

question 96

Multiple Choice

Which of the following statements about short-period returns is true?

• A)If a taxpayer must file a short-period return because the IRS granted permission for a change in the taxpayer's year,the tax for the year must be based on annualized income.
• B)The tax on a short-period return must be based on annualized income only if the taxpayer failed to obtain permission from the IRS to change its taxable year.
• C)The tax on every short-period return must be based on annualized income.
• D)None of the above is true.

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Wireless Network

A telecommunications network that enables devices to connect and communicate wirelessly over radio waves without the need for a physical connection.

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Protocols established to ensure interoperability and compatibility among wireless devices, such as Wi-Fi (IEEE 802.11) and Bluetooth standards.

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An IEEE wireless standard that uses both the 2.4 and 5 GHz ranges and that supports speeds up to 600 Mb/s.