Choice "c" is correct. All costs of issuing stock are not eligible to be
deducted or amortized as an organizational expenditure or start-up
cost.
Choice "a" is incorrect. All incorporation costs are eligible to be deducted
or amortized as an organizational expenditure.
Choice "b" is incorrect. All temporary director fees are eligible to be
deducted or amortized as a start-up cost.
Choice "d" is incorrect. All organizational meeting costs are eligible to be
deducted or amortized as an organizational expenditure.
