Identify Which of the Following Statements Is True

question 9

Multiple Choice

Identify which of the following statements is true.

• A)An individual taxpayer may be subject to a penalty for underpayment of estimated taxes if his balance of tax due when he files is $500.
• B)A penalty for substantial understatement will potentially be assessed on an individual if the underpayment of tax exceeds the greater of 15% of the tax shown on the return or $5,000.
• C)Substantial authority exists for a position that is supported by a decision rendered by the Court of Appeals for the taxpayer's own circuit.
• D)All of the above are true.

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Definitions:

Pitch

The quality of a sound governed by the rate of vibrations producing it; the degree of highness or lowness of a tone.

Signal Received

In communication and signal processing, this refers to the successful reception of a transmitted message or signal by an intended receiver.

Sound Localization

The ability to determine the origin of a sound source in space.

Basilar Membrane

A critical structure in the cochlea of the inner ear, which plays a key role in the mechanotransduction of sound waves to neural signals.