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Which of the following would be most effective in a small owner-manager-operated business?
IRS Review
A process conducted by the Internal Revenue Service (IRS) in the United States to scrutinize and evaluate individual or corporate tax returns for accuracy and adherence to tax laws.
Income Tax Returns
The documentation filed to a taxation authority that reports income, expenses, and other relevant financial information, determining the amount of tax owed or refunded.
Unaudited Financial Documents
Financial statements that have not undergone a formal verification process by an independent auditor.
Seller's Books
Financial records maintained by a seller, detailing sales, revenues, expenses, and other related financial data.
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