A C Corporation That Does Not Have a Natural Business

question 15

True/False

A C corporation that does not have a natural business year must use a calendar year as its tax year.

---

Definitions:

Parliamentary Procedure

A comprehensive set of rules that prescribe how to take action on specific issues that come before a group.

Problem-Solving

The process of identifying a problem, devising solutions, and implementing an effective course of action.

Criteria Identification

The process of defining the standards or benchmarks that will be used to evaluate or assess something.

Problem Analysis

A systematic examination of an issue to understand its components, causes, and potential solutions.