Identify Which of the Following Statements Is True

question 44

Multiple Choice

Identify which of the following statements is true.

• A)A corporation is a separate taxpaying entity that must file a tax return annually.
• B)A newly formed corporation must select its basic accounting method.
• C)The terms "regular corporation" and "C corporation" are synonymous.
• D)All of the above are true.

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Definitions:

Characteristics

Qualities or features that distinguish an object, person, or phenomenon from others, defining its nature and behavior.

Hoechst Celanese

Hoechst Celanese is a division of Celanese Corporation, a global technology and specialty materials company originally formed as a part of the German chemical company Hoechst AG before restructuring and divestment.

Work Force

The collective group of individuals engaged in employment within an organization or economy.

Diversity

The practice or quality of including or involving people from a range of different social and ethnic backgrounds and of different genders, sexual orientations, etc.