Identify Which of the Following Statements Is False

question 77

Multiple Choice

Identify which of the following statements is false.

• A)The corporate AMT produces relatively little tax revenue.
• B)The small corporation AMT exemption exempts 95% of all corporations from the AMT.
• C)The corporate AMT is similar to the AMT for individuals.
• D)The starting point for computing a corporation's AMT is book income.

---

Definitions:

Biased

Possessing or showing an unfair tendency to believe that some people, ideas, etc., are better than others.

Clitoral Orgasm

An orgasm achieved by the stimulation of the clitoris, a sensitive erogenous zone on the female body.

Sigmund Freud

An Austrian neurologist who is known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Kinsey

Refers to Alfred Kinsey, an American biologist known for his research into human sexuality in the mid-20th century.