Which of the Following Is a True Statement About Impermissible

question 75

Multiple Choice

Which of the following is a true statement about impermissible accounting methods?

• A)An impermissible method is adopted by using the method to report results for two consecutive years.
• B)An impermissible method may never be used by a taxpayer.
• C)Cash-method accounting is an impermissible method for partnerships and Subchapter S- electing corporations.
• D)There is no accounting method that is impermissible.
• E)None of the choices are true.

---

Definitions:

Mobile Technology

Refers to portable devices and communication technologies that allow for internet, application, and network access on the go.

Recruiting

The process of identifying, attracting, screening, and hiring candidates for a job or organizational role.

Service Delivery Model

A framework that defines how services are offered to customers or internally within organizations, focusing on efficiency and quality of service.

Human Resource Department

The division within an organization that focuses on recruitment, management, and guidance of the employees.