Every Year, the IRS Selects a Certain Number of Form

question 45

Multiple Choice

Every year, the IRS selects a certain number of Form 1040s for audit. What is the approximate average audit coverage rate (percentage of individual returns filed selected for audit) ?

• A) Less than 1%
• B) About 5%
• C) Between 10% and 12%
• D) None of these choices are correct

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Definitions:

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, including both natural and built contexts.

Individualistic Cultures

Societies that value independence, self-expression, and the personal goals of the individual over group goals.

Research

A methodical exploration and review of materials and sources for the purpose of uncovering truths and forming new conclusions.

Personality

The assembly of various attributes or characteristics that constitute a person's unique character.