A, B and C form Services LLC to perform computer consulting services. Each own one-third of the interests in the LLC and all allocations of income, gain, loss, deduction and credit are equal. It is a manager managed LLC with A and B as the only managers. Services LLC does not carry inventory. Services LLC's gross receipts for the past three year has been $20 million per year. Which of the following statements are true? Question 8 Select one: a. All partnerships must adopt the accrual method of accounting b. Services LLC must adopt the accrual method of accounting under the gross receipts test c. Services LLC must adopt the accrual method of accounting because it is a syndicate d. None of the above