An S Corporation Is Permitted an Automatic Extension of Time

question 54

Multiple Choice

An S corporation is permitted an automatic extension of time for filing its tax return. The automatic extension period is

• A)one month.
• B)two months.
• C)three months.
• D)six months.

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Definitions:

Social Media Marketing

The use of social media platforms and websites to promote a product or service, aiming to reach a wider audience through digital means.

Minimal Overlapping

Minimal overlapping refers to a situation where there is little to no duplication or overlap in elements, responsibilities, or data sets, ensuring efficiency and clarity.

Channel Selection

The decision-making process involved in choosing the most appropriate medium or platform for delivering a specific message or content.

Brand Image

The perception and emotional response that consumers have towards a company or its products, shaped by branding efforts.