Course Solutions Uncategorized (Answered) : The IRS deterines that it completes 3000 audits per year. The Government Accounting Office reported that the number of projects

(Answered) : The IRS deterines that it completes 3000 audits per year. The Government Accounting Office reported that the number of projects

The IRS deterines that it completes 3000 audits per year. The Government Accounting Office reported that the number of projects currently “on the department’s plate’ is 5880. Nevertheless, the deppartment’s head claims that the average time to complete an audit is under six months. Show whether this statement is true or false.

Expert Answer


The statement is False. The reasons are explained below:

The Government Accounting Office (GAO) has no independent assessments of 107 leases over a 23 year period.
The GAO audit does not provide information about the audits.

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