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27) Identify which of the following statements is true. A) An election for an S corporation to use the Sec. 179 expensing election is made

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27) Identify which of the following statements is true. A) An election for an S corporation to use the Sec. 179 expensing election is made by the corporation and not by its shareholders. B) The S corporation's separately stated items are in general the same ones that apply in partnership taxation. C) An S corporation cannot claim a dividends-received deduction D) All of the above are true

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