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quality, inc. is a u.s. corporation engaged in the business of appliance repair. it services...

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Accounting

quality, inc. is a u.s. corporation engaged in the business of appliance repair. it services all types of appliances, from toasters to washing machines, throughout the country. its gross receipts are as follows: 32 million for 20x5 ; 30 million for 20x6; $28 million for 20x7; and 18 million for 20x8. which is true for 20x8?

a.quality must use a hybrid method of accounting

b. quality cannot use the cash receipts and disbursements method

c. quality must use the cash receipts and disbursements method

d. quality can use the cash receipts and disbursements method

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