(5 points) Which of the following statements is true about the accounting for cash and trade discounts under U.S. GAAP? (A 5) Cash and trade discounts are different in whether there is variable consideration and so they are not accounted for in the same way. Cash and trade discounts both yield variable consideration and so are accounted for almost identically. Cash and trade discounts are almost always accounted for using the gross method Cash and trade discounts are almost always accounted for using the net method