An S Corporation Must Possess Which of the Following Characteristics

question 95

Multiple Choice

An S corporation must possess which of the following characteristics?

• A) Not more than one hundred shareholders.
• B) Corporation organized in the U.S.
• C) Only one class of stock.
• D) All of the above are required of an S corporation.
• E) None of the above are required of an S corporation.

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Definitions:

Waste Reduction

The process of minimizing the amount of waste generated by reducing, reusing, and recycling materials.

Future Search Conferences

A large group intervention method aiming to bring diverse people together to envision and plan their future collectively, focusing on common ground and positive action.

Organizational Change

The process by which organizations adapt to new conditions, restructure, or alter their strategies, structures, or processes to improve effectiveness.

Cost Reduction

The process or strategy of lowering expenses incurred by a business in order to improve profitability without compromising the quality of its products or services.