Which of the Following Is Not a Possible Result of an Audit

question 28

Multiple Choice

Which of the following is not a possible result of an audit by the IRS?

• A)Payment of a refund to the taxpayer
• B)Payment of a deficiency by the taxpayer
• C)An appeal
• D)No change in the liability
• E)All of these are possible results

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Definitions:

Employee's Personal Life

Refers to an employee's activities, interests, and situation outside of their job responsibilities.

Manager Avoid

The tendency of managers to steer clear of certain situations, tasks, or confrontations in a work environment.

Employee Assistance Program

A work-based intervention program designed to assist employees in resolving personal problems that may be affecting their job performance.

Economic Sense

Implies making decisions or taking actions that are financially prudent, cost-effective, or beneficial for the financial health of an organization or individual.