$5.$ Which of the following types of income is not considered personal holding company interest?

A$.$ Dividends

B$.$ Interest

C$.$ Royalties

D$.$ Bonuses

$14.$If a corporation's charitable contributions exceed the limitation for deductibility in a particular year, the excess:

A$.$ Is not deductible in any future or prior year.

B$.$ May be carried back or forward for one year at the corporation's election

C$.$ May be carried forward to a maximum of five succeeding years

D$.$ May be carried back to the third preceding year.

$18.$ Which of the following types of entities is entitled to the net operating loss deduction?

A$.$ Partnership

B$.$ S corporations

C$.$ C corporations

D$.$ Not$-$for$-$profit organizations