Quettion 2 (1 poing It the prefered tharcholders are ereitind to receive the preference nate; and is cumitative. particoothe. horuarticioving qual-contion Question 3 it point! The folbwing satemerts are true concerwirg the alowance method ewept: It dees not alway match revenue ind expones. ie can oventate accours receivable It is the eoly exthod acceptuble for federal incone tax perpocies it is the only me thed comidered as seneralv accepled accoureing erintsie