Which of the Following Is a True Statement About Impermissible

question 83

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 these

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Definitions:

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NLRB

The National Labor Relations Board is a federal agency in the United States charged with enforcing US labor law in relation to collective bargaining and unfair labor practices.

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A formal procedure allowing workers to vote on whether or not they wish to be represented by a union in dealing with their employer.

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A controlled setting used for research where variables can be manipulated to observe and study effects under replicable conditions.