Certain Corporations with 100 or Fewer Stockholders Can Elect to Be

question 20

True/False

Certain corporations with 100 or fewer stockholders can elect to be treated as a partnership for income tax purposes. These corporations are called Subchapter S or simply S corporations.

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Definitions:

Standard Error

A statistic that measures the accuracy with which a sample distribution represents a population by using standard deviation.

Sample Proportions

The fraction of sample observations that belong to a particular category, indicative of a characteristic within the sample.

Electromagnetic Radiation

A form of energy that is propagated through space or matter, consisting of both electric and magnetic waves traveling at the speed of light.

Rotational Motions

The movement of a body around a fixed point or axis, common in molecules resulting in specific spectroscopic behaviors.