Which of the Following Criteria Must Be Met for a Company

question 44

Multiple Choice

Which of the following criteria must be met for a company to be an S corporation?

• A) Shareholders must be other corporations or partnerships.
• B) Nonresident aliens cannot be shareholders.
• C) The corporation must have more than 100 shareholders.
• D) The corporation must have more than one class of stock.

---

Definitions:

Lead Time

The time interval from the initiation of a process to its completion, often used in manufacturing and supply chain management to gauge efficiency.

Satisfactory Answers

Responses or solutions to questions or problems that meet the required standards or expectations without necessarily being the best possible.

P And Q Inventory Systems

P and Q Inventory Systems refer to inventory management strategies: P system (periodic review) and Q system (continuous review), aimed at maintaining optimal stock levels.

Order Spacing

The practice of timing and spacing out orders to manage inventory levels and optimize supply chain efficiency.