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This is a taxation question: Which of the following statements is NOT ACCURATE? O A personal service business is not eligible for the SBD and

This is a taxation question:

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Which of the following statements is NOT ACCURATE? O A personal service business is not eligible for the SBD and for the GRR [general rate red uction}. 0 An exception to the specific investment business is one where the corporation employs more than 10 fulltime employees throughout the year. This exception results in the income being classified as active business income. 0 A specific investment business is one where the principal purpose is to earn income from property {such as dividends, interest, etc). 0 A personal service business is one where an individual performs services on behalf of the corporation and can reasonably be regarded as an officer or employee of the recipient of the services

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