As a General Rule,a Personal Service Corporation (PSC)must Use a Fiscal

question 83

True/False

As a general rule,a personal service corporation (PSC)must use a fiscal year as its accounting period.

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Definitions:

C-C π Bond

A C-C π bond is a type of covalent bond formed from the sideways overlap of p-orbitals, allowing for electron sharing between carbon atoms in double or triple bonds.

Carbon-Carbon Bonds

The covalent bond between two carbon atoms in a molecule, forming the backbone of organic compounds.

π Bond

A type of covalent bond between atoms that results from the sideways overlap of p orbitals, allowing for electron sharing.

Rings

Cyclic molecules in chemistry that consist of a series of connected atoms forming a closed loop.