Which of the Following Is an Administrative Source of the Federal

question 17

Multiple Choice

Which of the following is an administrative source of the federal tax law issued by the IRS?

• A)court rulings
• B)Internal Revenue Code
• C)tax treaties
• D)revenue rulings
• E)none of these are correct

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Definitions:

Capital Planning

The process of budgeting resources for the acquisition and investment of long-term assets and other financial decisions to achieve strategic goals.

World Trade Organization

An international organization dealing with the rules of trade between nations, aimed at ensuring that trade flows as smoothly, predictably, and freely as possible.

Trade Disputes

Conflicts between countries or trade entities over policies, practices, or conditions that affect international trade.

Binding

The process of securing or holding together materials, such as in book production, or legal agreements that are legally enforceable.