Identify Which of the Following Statements Is False

question 23

Multiple Choice

Identify which of the following statements is false.

• A) A corporation must file a tax return annually.
• B) A corporation can obtain an automatic six-month extension of time to file its tax return.
• C) The IRS will permit an extension of time to file a corporate return beyond the original due date only when the corporation's delay is reasonable.
• D) The IRS can rescind the extension period.

---

Definitions:

Moody

Characterized by frequent changes in mood or emotions; showing variability in feelings often unpredictably.

Extroversion And Introversion

Personality traits that describe how individuals are energized; extroversion involves drawing energy from social interactions, while introversion involves drawing energy from solitary activities.

Interacts

The act of two or more entities engaging with one another, affecting each other's behavior or state.

Others

Generally refers to other individuals or entities aside from the one(s) being primarily considered or discussed.