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  2. Topic
    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 27: Accounting Periods and Methods
  5. Question
    When a New Business Is Formed,it Must Request Approval from the IRS
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When a New Business Is Formed,it Must Request Approval from the IRS

Question 3

Question 3

True/False

When a new business is formed,it must request approval from the IRS regarding the adoption of its various accounting methods.

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