How Many of the Following Will Extend the Statute of Limitations

question 2

Multiple Choice

How many of the following will extend the statute of limitations on a tax return?

• A)Omission of a significant amount of gross income
• B)Mutual consent of the IRS and the taxpayer
• C)Filing a fraudulent tax return
• D)Failure to file a tax return
• E)All of the above

---

Definitions:

Inputs And Outputs

In the context of systems or processes, inputs are the resources that are utilized (such as labor, materials, and capital), while outputs are the products or services produced.

Organizational Pressure

The force or influence within an organization that affects individuals' decisions, behaviors, and wellbeing, often resulting from internal or external expectations.

External Source

An entity or resource outside of an organization that provides information, materials, or services.

Operating Efficiencies

Refers to the ability of an organization to minimize costs and resource use while maximizing output and productivity.