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All of the following are true of S corporations EXCEPT: A. A nonresident alien cannot be an owner B. S corporations do not have to
All of the following are true of S corporations EXCEPT:
A. A nonresident alien cannot be an owner
B. S corporations do not have to use the accural method of accounting unless they have inventory
C. an S corporation can have only one class of stock
D. the number of shareholders is limited
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