If the variance inflation factor is equal to one, ________

A) the independent variables are not correlated
B) the value of Multiple R will also be one
C) the data exhibits autocorrelation
D) the p-values are most likely inflated

A

Business

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A partnership, S corporation, or personal service corporation can elect to use a tax year other than its required tax year if it

A. Is not a member of a tiered structure as defined by the regulations. B. All of the answers are correct. C. Has not previously had an election in effect to use a tax year other than its required tax year. D. Elects a year that meets the deferral period requirement.

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Assets, liabilities, and owner's equity are permanent accounts

Indicate whether the statement is true or false

Business