What is an example of a regulatory agency created by the government in order to keep an eye on business activity, specifically how businesses handle their taxes?

Question

What is an example of a regulatory agency created by the government in order to keep an eye on business activity, specifically how businesses handle their taxes?

(1 point)
Responses

the Federal Bureau of Investigation

the Federal Bureau of Investigation

the Parks and Rec Service

the Parks and Rec Service

the Internal Revenue Service

the Internal Revenue Service

the Food and Drug Administration

the Food and Drug Administration

Answer 1

The Internal Revenue Service (IRS) is an example of a regulatory agency created by the government to monitor and regulate how businesses handle their taxes.

Answer 2

The example of a regulatory agency created by the government to monitor business activity and how businesses handle their taxes is the Internal Revenue Service (IRS).