Which Item Does Not Appear on Schedule K of Form

question 30

Multiple Choice

Which item does not appear on Schedule K of Form 1120S?

• A)Tax-exempt interest income.
• B)Section 1231 gain.
• C)Section 179 expense deduction.
• D)Depreciation recapture income.
• E)All of the above appear on Schedule K.

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Definitions:

Disruptive Behaviors

Actions or behaviors that interrupt the normal flow of activities in a social, educational, or work setting.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society or social group.

Unisex Clothing

Clothing designed to be suitable for both sexes and not gender-specific.

Dress Code

A set of rules, often written, with regard to clothing. Dress codes are created to guide the attire of individuals in a specific environment.