Which of the Following Forms of Earnings Distributions Would Not

question 18

Multiple Choice

Which of the following forms of earnings distributions would not be subject to double taxation at the corporate and shareholder level?

• A)Dividend
• B)Stock redemption
• C)Partial liquidation
• D)Compensation paid to a shareholder/employee of the corporation.

---

Definitions:

Macro

A sequence of instructions that automates complex tasks into a single command or action.

VBA Keyword

A reserved word in Visual Basic for Applications (VBA) that has a special meaning in the language, such as Sub, Function, or Dim, used in the scripting of Microsoft Office applications.

Syntax

The set of rules that defines the combinations of symbols that are considered to be correctly structured statements or expressions in a programming language.

Compile-Time

The phase in programming where the source code is translated into executable code by a compiler before the program is run.