The IRS is entitled to choose a place and time for an audit, without regard to the inconvenience to the taxpayer or the reasonableness of the request

a. true
b. false

Ans: b. false

Business

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Was P&G's 1994 German mark swap an interest rate swap or a cross currency swap? Explain

What will be an ideal response?

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The principle of insurable interest is important because it:

A) makes insurance companies more profitable B) supports the principle of indemnity C) prevents insurers from unfairly denying insurance claims D) prevents an insurer from subrogating against a negligent third party

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