30 What is the fiscal year of the United States Government? OA. October 1st through September 30th of the following year. OB. Calendar year (January 1st, through December 31st) OC. July xt to June 30th of the following year O D. September 1st to August 30th of the following year. QUESTION 31 Which of the following methods of depreciation is good for "tax purposes" for corporations? OA. Units of output OB. Straight line OC. Sum-of-the-year-digits OD. Double declining balance QUESTION 33 n recording the initial investment in this company, in recording this transactions in General Journal; which of the following transactions should be used? O A. A/R should be debited, and cash should be credited. O B. Cash should be debited, and common stock should be credited. O C. Cash should be debited, and A/R should be credited. OD. Common stock should be debited, and cash should be credited. QUESTION 34 The G.A.A.P. is the abbreviation of which of the following terms? OA General Accounting Association of Practicitioners OB. Generally Accepted Auditing Principles OC. General Association of Audit Practitioners D. Generally Accepted Accounting Principles