Question: a. Does the term method of accounting refer only to overall methods of accounting? Explain. b. Does a taxpayers accounting method affect the total amount

a. Does the term method of accounting refer only to overall methods of accounting? Explain.
b. Does a taxpayer’s accounting method affect the total amount of income reported over an extended time period?
c. How can the use of an accounting method affect the total amount of tax paid over time?

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