38.Which of the following is correct regarding the accounting method choices available to S corporations:Â a.S...
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Which of the following is correct regarding the accounting method choices available to S corporations:aS corporations are required to use the accrual method of accountingbif an S corporation is a tax shelter, it must use the cash method of accountingcS corporations are bound by the accounting method of their shareholdersdin general, S corporations can adopt any permissible method of accounting
Which of the following is correct regarding the accounting method choices available to S corporations:aS corporations are required to use the accrual method of accountingbif an S corporation is a tax shelter, it must use the cash method of accountingcS corporations are bound by the accounting method of their shareholdersdin general, S corporations can adopt any permissible method of accounting
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