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what term(s) best match the following definition? governmental organization responsible for administration and enforcement of federal tax laws. tangible asset liabilities atf internal revenue service (irs) budget police net worth
The Internal Revenue Service (IRS) is the U.S. governmental organization tasked with the administration and enforcement of federal tax laws. Tangible assets are physical - property items, liabilities are debts, ATF is mainly related to alcohol, tobacco, firearms and explosives, budget is a financial plan, police deal with law - and - order in general, and net worth is the value of an entity's assets minus liabilities.
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D. Internal Revenue Service (IRS)