Taxpayers need to pay the tax deficiency in advance and sue for a refund in
I. U.S. Tax Court.
II. U.S. District Court.
III. U.S. Court of Federal Claims

a. Only statement I is correct.
b. Only statement II is correct.
c. Only statement III is correct.
d. Statements II and III are correct.
e. Statements I, II, and III are correct.


d

Business

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Generally accepted methods of accounting for a change in accounting principle include

A) restating prior years' financial statements presented for comparative purposes. B) including the cumulative effect of the change in current period net income. C) prospective changes. D) making a prior period adjustment.

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Both the revenue and the expenditure cycle can be viewed as having two key parts. These are

a. manual and computerized b. physical and financial c. input and output d. batch and real-time

Business

Gamma Company and Chi Company are similar and similar-sized companies operating in the same industry. At the end of the most recent year, Gamma's price-earnings ratio was 22.0, and Chi's price-earnings ratio was 14.2. What conclusion would you draw based on the difference in price-earnings ratios for the two companies?

What will be an ideal response?

Business

Positive approaches that help when interacting with customers are referred to as

A. softening techniques. B. soft skills. C. service recovery. D. none of the above.

Business