In General,a Change in Accounting Method Must Be Approved by the IRS

question 60

True/False

In general,a change in accounting method must be approved by the IRS.

---

Definitions:

U.S. Federal Government

The U.S. Federal Government is the national government of the United States, consisting of three branches: legislative, executive, and judicial, established by the Constitution to govern the country.

Acculturation-Related Conflicts

Tensions and disagreement that arise when individuals or groups from different cultural backgrounds come into contact, leading to changes in cultural patterns.

Family Values

The moral and ethical principles and beliefs that are held by a family unit, guiding their decisions and behaviors.

Professional Treatment

Systematic interventions, usually provided by licensed healthcare professionals, to address medical or psychological conditions.