Which of the Following Statements About the Internal Revenue Code

question 32

Multiple Choice

Which of the following statements about the Internal Revenue Code is false?

• A) The Internal Revenue Code has not been amended since 1986.
• B) The Internal Revenue Code is part of federal statutory law.
• C) The Internal Revenue Code consists of numerically organized sections.
• D) Only Congress has the authority to amend the Internal Revenue Code.

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Definitions:

Important Idea

A concept or thought that holds significant value or has a major impact on a particular context or discussion.

News Release

An official statement issued to the media to announce something of interest, also known as a press release.

Industry Conventions

Gatherings or conferences where professionals from a particular sector meet to discuss innovations, trends, and best practices.

Self-Congratulatory

Expressing pride in one's own achievements or qualities in a way that shows too much satisfaction with oneself.