Quiz - Quiz_10 (Accounting periods) Points Possible Points...

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      Quiz_10 (Accounting periods)    Points Possible  10  Points Earned  8  Points Missed  2  Points Ungraded  0  Score  80.0% 1. (T/F)  John died on March 12, 2008, and his estate opened on March 13, 2008.  Because the estate may choose a fiscal year, its first tax year could end March 12,  2009. Response: FALSE Answer: FALSE  Points: 1 / 1 Comment: The first tax year must end on the last day of a month and cannot be more  than 12 months. 2. A business adopts its first tax year by   A.  Filing Form SS-4 with the IRS to obtain its tax identificaiton number and entering  the selected year end on that form B.  Making estimated tax payments during its first year timed for a specific year end C.  Requesting an extension of time to file a calendar-year return D.  Filing its first federal income return E.  Any of the above F.  None of the above Response: D
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This note was uploaded on 06/23/2009 for the course BUPA 556 taught by Professor Curry during the Summer '09 term at IUPUI.

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Quiz - Quiz_10 (Accounting periods) Points Possible Points...

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