question archive 1) What is the IRS's requirements for tax reporting regarding the choice of a denominator-level capacity concept? 2) "The difference between practical capacity and master-budget capacity utilization is the best measure of management's ability to balance the costs of having too much capacity and having too little capacity

1) What is the IRS's requirements for tax reporting regarding the choice of a denominator-level capacity concept? 2) "The difference between practical capacity and master-budget capacity utilization is the best measure of management's ability to balance the costs of having too much capacity and having too little capacity

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1) What is the IRS's requirements for tax reporting regarding the choice of a denominator-level capacity concept?

2) "The difference between practical capacity and master-budget capacity utilization is the best measure of management's ability to balance the costs of having too much capacity and having too little capacity." Do you agree? Explain.

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