Which of the Following Is Not Required for an Accrual

question 16

Multiple Choice

Which of the following is not required for an accrual method taxpayer to currently deduct the cost of services received?

• A)The liability must be paid.
• B)The existence of a liability must be established.
• C)The amount of the liability is determined with reasonable accuracy.
• D)The services must actually be provided.

---

Definitions:

Major Organs

Essential organs in the body that perform vital functions necessary for survival, such as the heart, brain, liver, and kidneys.

Highly Active Fetuses

Fetuses that display above-average movement levels within the womb, which could indicate health and vitality.

Critical Periods

Specific times during development when certain skills or abilities are most easily learned, and the brain is especially sensitive to external influences.

Teratogen

Any agent that can disturb the development of an embryo or fetus, which may cause a birth defect.