Which of the Following Is Not Characteristic of a Corporation

question 49

Multiple Choice

Which of the following is not characteristic of a corporation?

• A) The financial loss that a stockholder may suffer from owning stock in a public company is limited.
• B) Cash dividends paid by a corporation are deductible as expenses by the corporation.
• C) A corporation can own property in its name.
• D) Corporations are required to file federal income tax returns.

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Definitions:

Medicare CCI

Stands for Correct Coding Initiative under Medicare, which is designed to prevent improper payments where incorrect code combinations are billed.

Encoder Software

Computer software used to convert data into a particular format, often used for compressing video or audio data.

Noncompliance Editing

The process of reviewing and correcting documents or data to ensure adherence to established regulations or standards.

Modem

A device that modulates and demodulates analog carrier signals (modulation and demodulation) for encoding and decoding digital information for processing.