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    Federal Taxation
  4. Exam
    Exam 4: Gross Income: Concepts and Inclusions
  5. Question
    The Fact That the Accounting Method the Taxpayer Uses to Measure
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The Fact That the Accounting Method the Taxpayer Uses to Measure

Question 5

Question 5

True/False

The fact that the accounting method the taxpayer uses to measure income is consistent with GAAP does not ensure that the method will be acceptable for tax purposes.

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