ACC 455
Arizona State University
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ACC 455 Final Exam | LATEST VERSION
- Exam (elaborations) • 10 pages • 2021
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ACC 455 Final Exam 
1) Which of the following statements regarding proposed regulations is not correct? 
A. Proposed & temporary regulations are generally issued simultaneously. 
B. Proposed regulations do not provide any insight into the IRS's interpretation of the tax law. 
C. Proposed regulations expire after 3 years. 
D. Practitioners & other interested parties may comment on proposed regulations. 
 
2) Regulations are 
A. presumed to be valid & to have almost the same weight as the ...
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