What Amount of Accumulated Earnings of a Service Type Corporation

question 49

Multiple Choice

What amount of accumulated earnings of a service type corporation is considered within the reasonable needs of a business without the corporation having to show a bona fide business reason for the accumulation?

• A)$150,000 or less.
• B)$200,000 or less.
• C)$250,000 or less.
• D)$300,000 or less.
• E)None of the above.

---

Definitions:

Disease

A condition that disrupts the normal function of the body or mind, often characterized by specific signs and symptoms.

Syndrome

A group of symptoms that consistently occur together or a condition characterized by a set of associated symptoms.

Signs

In medical or clinical contexts, signs are objective evidence of disease or physical changes in the body, observed by a healthcare professional.

Symptoms

Signs or indications of a disease or condition experienced by an individual.