Which of the Following Is Not a Possible Result of an Audit

question 15

Multiple Choice

Which of the following is not a possible result of an audit by the IRS?

• A)Payment of a refund to the taxpayer
• B)Payment of a deficiency by the taxpayer
• C)An appeal
• D)No change in the liability
• E)All of the above are possible results

---

Definitions:

Consulting Engagement

Involves hiring external experts to provide insights, advice, and solutions for specific organizational challenges.

Banking Law

The field of law that deals with banking and the regulation of financial institutions.

Finally Paid

Pertains to a payment or series of payments that concludes an outstanding obligation or debt, leaving no balance.

Encoding Warranties

Guarantees or assurances typically afforded to a product or service, presumed to follow standard encoding or presentation norms.