For No Particularly Good Reason, Ms

question 62

Multiple Choice

For no particularly good reason, Ms. Totter has not yet filed her 2012 Form 1040. Which of the following statements is false?

• A)If the government owes Ms.Totter a refund of 2012 tax, there is no penalty if she never files the return.
• B)The statute of limitations on the return will not begin to run until Ms.Totter files the return.
• C)If Ms.Totter owes additional 2012 tax, she also will owe a late-filing and late-payment penalty.
• D)None of the above is false.

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Definitions:

Mechanisms

Tools or structures that facilitate the functioning or control of a system.

Strategic Supply Management

The practice of planning and managing all supply chain activities to align with company objectives and ensure competitive advantage.

Organizational Objectives

The specific goals a company or an organization aims to achieve, which guide its internal and external strategies and decisions.

Supply Strategy

A comprehensive plan detailing how a company will manage and optimize its resources, procurement, and partnerships to meet its supply chain goals.