quiz 11A

quiz 11A - 1. As of 2003, what percentage of all corporate...

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1. As of 2003, what percentage of all corporate returns were S corporation returns  (to the nearest full percentage point)?   A.  30 B.  40 C.  50 D.  60 E.  70 Response: D Answer: D Points: 1 / 1 2. Approximately how many S corporations were newly electing S corporations in  2003, including both new corporations and prior C corporations?   A.  50,000 B.  150,000 C.  250,000 D.  350,000 E.  None of the above. Response: C Answer: D Points: 0 / 1 3. In 2003, what percent of S corporations (nearest whole percent) had ten or fewer  shareholders?   A.  50 B.  60 C.  75 D.  80 E.  99 Response: E Answer: E Points: 1 / 1 4. Between 2003 and 2003 the number of S corporations that had more than 35  shareholders showed what trend?   A.  Significant Increase B.  Slight Increase C.  Steady D.  Decrease E.  None of the above. Response: D
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This note was uploaded on 06/23/2009 for the course BUPA 539 taught by Professor Jamison during the Spring '09 term at IUPUI.

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quiz 11A - 1. As of 2003, what percentage of all corporate...

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