Which of the Following Statements Regarding a 52-53 Week Tax

question 7

Multiple Choice

Which of the following statements regarding a 52-53 week tax year is not correct?

• A) Some tax years will include more than 366 calendar days.
• B) Whether the particular tax year includes 52 weeks or 53 weeks is not elective.
• C) The year-end must be the same day of the week in all years.
• D) All of the above are correct.
• E) None of the above is correct.

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Definitions:

Cognitive Dissonance

A state of mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Change

The process of becoming different, often involving alteration, transformation, or transition.

Belief

An acceptance that something exists or is true, especially one without proof.

Organizational Citizenship Behavior

Discretionary behavior that is not part of an employee's formal job requirements, but that nevertheless promotes the effective functioning of the organization.