Identify Which of the Following Statements Is False

question 81

Multiple Choice

Identify which of the following statements is false.

• A)Interest is imposed on any tax not paid by the due date of the return (determined without regard to extensions).
• B)Interest is charged on underpayments, or paid on overpayments, at a rate of three percentage points higher than the federal short-term rate.
• C)Interest on underpayments is calculated using daily compounding and covers a time period from the original due date of the return until the date of payment.
• D)Any tax not paid by the due date for the return is subject to an interest charge.

---

Definitions:

Census

A comprehensive collection and analysis of data about every member of a population at a specific point in time.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.

Postal Sampling Frames

The process of using postal addresses as a source or list from which to draw samples for research studies.

Response Rates

The percentage of people who answer or participate in a survey out of the total number of people contacted or selected for the study.