[Solved] Identify which of the following statements is false. A)A C corporation short-year income tax liability must be determined on an annualized basis. B)If the termination of an S election is considered to be inadvertent, then the election is permitted to continue in place as if the termination had never occurred. C)If an S election is terminated and the termination is not considered to be inadvertent, a ten-tax-year waiting period is required before making a new election. D)A corporation can obtain relief for a late S election if the IRS consents. Special Adjustments: Modifications or changes made to products, policies, or systems to accommodate specific needs, circumstances, or unusual situations. Sexually Explicit Films: Movies that depict sexual activity with the intention of arousing the viewer, often focusing on sexual acts rather than narrative content. Adult Entertainment Industry: A sector of entertainment that produces content intended for adult audiences, often sexual in nature, including pornography, strip clubs, and adult cinemas. Femme Porn: Sexually explicit videos catering to women and heterosexual couples.