Benita Incurred a Business Expense on December 10, 2014, Which

Multiple Choice

Benita incurred a business expense on December 10, 2014, which she charged on her bank credit card. She paid the credit card statement which included the charge on January 5, 2015. Which of the following is correct?

A) If Benita is a cash method taxpayer, she cannot deduct the expense until 2015.
B) If Benita is an accrual method taxpayer, she can deduct the expense in 2014.
C) If Benita uses the accrual method, she can choose to deduct the expense in either 2014 or 2015.
D) Only b. and c. are correct.
E) a., b., and c. are correct.