Question: Multiple Choice C corporations are not allowed to use the cash method. C corporations can elect to use the cash methed if their average annual

Multiple Choice
C corporations are not allowed to use the cash method.
C corporations can elect to use the cash methed if their average annual gross recelpts are above a certain threshold.
C corporations can elect to use the cash method if their average annual gross recelpts are below a certain threshold.
None of the choices are correct.
Multiple Choice C corporations are not allowed to

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