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Key Terms Instructions: Please Define the Following Key Terms

question 65

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Paul Klee


Definitions:

Competency Examination

A test designed to measure someone's ability or knowledge in a specific field or profession.

Enrolled Agent

A tax advisor who is a federally-authorized tax practitioner empowered by the U.S. Department of the Treasury.

Regulations

Rules or directives made and maintained by an authority to regulate behavior, typically in the areas of finance, health, safety, or the environment.

Tax Authority

A governmental entity responsible for the administration of taxes, including collection, enforcement, and interpretation of tax laws.

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