Which Statement Is Not True with Respect to a Treasury

question 61

Multiple Choice

Which statement is not true with respect to a Treasury Regulation?

• A)Issued by the U.S.Congress.
• B)Issued as Treasury Decision.
• C)Designed to provide interpretation of the tax law.
• D)Carries more legal force than a Revenue Ruling.
• E)All of the above statements are true.

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Definitions:

U.S. Dollar

The official money of the United States, commonly utilized as a standard and reserve financial instrument globally.

Imports

refer to goods or services purchased from other countries, which are brought into a country to meet domestic demand or for further processing.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a nation's gross domestic product.

United States

A country in North America comprising 50 states and a federal district, known for its significant global economic and political influence.