Which of the following statements is false?

	A.	Generally, unless a personal service corporation establishes a business purpose for a fiscal year or makes an election under IRC 444, a personal service corporation must use a calendar year as its taxable year for its accounting period.
	B.	A personal service corporation must be a C corporation.
	C.	A corporation is classified as a personal service corporation if the corporations' principal activity is the performance of personal services by employee-owners who own more than 10% of the fair market value of the corporations's outstanding stock.
	D.	All of the above are true.