Identify Which of the Following Statements Is False

question 84

Multiple Choice

Identify which of the following statements is false.

• A)In addition to interest, taxpayers may be subject to penalties for failure to file on time and failure to pay taxes by the due date for the return.
• B)The failure-to-file penalty is levied against taxpayers who do not file a return by its due date at a rate of 5% per month (or fraction of a month)with a maximum additional penalty of 25%.
• C)The failure-to-pay penalty is imposed at a rate of 5% per month (or fraction of a month)with a maximum penalty of 25%.
• D)A different interest rate is charged to corporate and noncorporate taxpayers.

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Definitions:

Water Related

Pertaining to or connected with water, including its management, conservation, and issues surrounding its availability, quality, and use.

2008 Olympic Games

An international multi-sport event held in Beijing, China, showcasing athletes from around the world competing in various sports.

Environmental Issue

Any problem with the planet's systems (air, water, soil, etc.) that has harmful effects on people, animals, or the natural environment.

Climate Change

Significant and lasting change in the statistical distribution of weather patterns over periods ranging from decades to millions of years, often attributed to human activities.