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:

Attentional Blink

A brief lapse in attention that occurs when perceiving multiple stimuli in rapid succession, resulting in a failure to notice some of the stimuli.

Change Blindness

A perceptual phenomenon where a person fails to notice significant changes in the visual environment due to brief distractions or interruptions.

Failing Vision

A decline in the ability to see clearly, which can include a variety of disorders affecting sight.

Attentional Blink

A phenomenon where the brain momentarily unable to process a second stimulus if it occurs too soon after the first.