1. to calculate discretionary money, you
a) calculate the difference between your gross pay and net income
b) calculate the difference between your net income and fixed expenses
c) calculate the difference between your gross pay and fixed expenses
d) calculate the sum of your net income and fixed expenses

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes