Question

which of the following is out of scope of an office audit a nonbusiness return b...

which of the following is out of scope of an office audit
a nonbusiness return
b one of five issues being looked at by the IRS
c complex transactions
d small business

Homework Answers

Answer #1

Answer: Option a) Nonbusiness return

Explanation:

In every organization or business entity must kept the all business transactions in abooks and audited it any time of for the month end or quarterly or annualy when they want to audit.

The auditors are audited the transactions and shows the books where they record wrong and gave a decisions for the improvement of prodcution or relates to profits.

If an non-business return means any personal or any non business entities are not necessary to audited their transactions, its upto their decisions.

One of five issues being looked at by the IRS are audited in detailed and complex transactions are also aduited by the auditors in their scope and small businesses also audited by the auditors.

Thus, option a) is correct and remaining options are incorrect.

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