Identify Which of the Following Statements Is False

question 58

Multiple Choice

Identify which of the following statements is false.

• A)The acquiescence policy was adopted by the U.S. Tax Court to permit litigating parties to agree on the exact amount of the tax due.
• B)Letter rulings are binding only with respect to the taxpayer requesting the ruling.
• C)The small cases procedure of the U.S. Tax Court allows a less formal hearing but provides for no appeal.
• D)The IRS may retroactively revoke an acquiescence.

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Definitions:

β-D-Ribopyranose

A sugar molecule that is a form of ribose having a six-membered oxygen-containing ring, in the β-anomeric form.

Haworth Structure

A method for depicting cyclic sugars as planar rings with hydroxyl groups and other substituents positioned above or below the plane.

α-Furanose

A form of sugar where a furan ring, a five-membered oxygen-containing ring, is present in the α-configuration, relating to the position of the substituent at the anomeric carbon.

Haworth Structure

A conventional way of representing the cyclic structure of monosaccharides with a simple three-dimensional perspective.