Identify Which of the Following Statements Is False

question 61

Multiple Choice

Identify which of the following statements is false.

• A)A corporation's fiscal year generally must end on the last day of the month.
• B)A fiscal year may not end on December 31.
• C)A new corporation can elect a fiscal year that runs from February 16 to February 15 of the following year.
• D)A corporation's first tax year may not cover a full 12-month period.

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Definitions:

Body's Signals

Physiological signs or indications that communicate the status of one's health, needs, or responses to the environment.

Illness Anxiety Disorder

A condition characterized by excessive worry about having a serious, undiagnosed medical illness despite having little to no symptoms.

Obsessive-compulsive Disorder

A disorder characterized by unwanted, intrusive thoughts (obsessions) and repetitive behaviors or mental acts (compulsions).

Presentation

The act or process of showing, demonstrating, or disclosing something, often involves conveying information to an audience.