A Taxpayer May Use a Combination of Accounting Methods as Long

question 72

True/False

A taxpayer may use a combination of accounting methods as long as income is clearly reflected.

---

Definitions:

General Guidelines

Broadly applicable advice or rules intended to guide behavior or actions in various situations.

Confidentiality

The ethical principle or legal right that a professional or organization must not disclose information about a client or patient without their consent.

Unauthorized Observation

Observing and collecting data or information without the knowledge or consent of those being observed.

Privacy

The right of individuals to keep their personal information secure and from being disclosed without consent.