Identify Which of the Following Statements Is False

question 55

Multiple Choice

Identify which of the following statements is false.

• A)The IRS will not issue a ruling on the topic of whether compensation is reasonable.
• B)Tax returns for all taxpayers must be filed on or before the fifteenth day of the fourth month following the year-end.
• C)A corporation must file a tax return even if it has no gross income.
• D)Extensions of time for filing tax returns may be obtained.

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or that help wouldn't be available if things go wrong.

Panic Attacks

Sudden periods of intense fear or discomfort, often accompanied by physical symptoms like rapid heartbeat, sweating, or trembling.

Biological Causes

Factors related to biological systems, such as genetics, brain structures, and chemical imbalances, that can influence behavior and mental states.

Generalized Anxiety Disorder

A psychological condition characterized by persistent and excessive worry about various aspects of life.