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    Federal Taxation
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    Exam 22: Deductions and Losses
  5. Question
    A Small Business Uses the Accrual Method of Accounting for Its
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A Small Business Uses the Accrual Method of Accounting for Its

Question 31

Question 31

True/False

A small business uses the accrual method of accounting for its financial statements.It must also use the accrual method for computing taxable income.

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