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.

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Definitions:

Punctuation

The use of symbols such as commas, periods, and question marks in writing to clarify meaning and indicate pauses.

Apostrophe

A punctuation mark used to indicate possession or the omission of letters or numbers.

Measurement

The process of determining the size, quantity, or degree of something using established units or methods.

Standards

Established norms or criteria that define the quality, quantity, or value of something.