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What is the proper sequence of the BIR assessment process?  Actual/table audit  Issuance of electronic Letter of Authority (e-LoA)  Issuance of Final Decision on Disputed Assessment (FDDA)  Issuance of Formal Letter of Demand/Final Assessment Notice (FLD/FAN)  Issuance of Notice of Discrepancy (NIC)  Issuance of Preliminary Assessment Notice (PAN)  Group of answer choices  a. 1, 2, 3, 4, 5, 6 b. 2, 1, 5, 6, 4, 3 c. 2, 1, 6, 4, 5, 3 d. 1, 2, 5, 6, 4, 3

What is the proper sequence of the BIR assessment process?  Actual/table audit  Issuance of electronic Letter of Authority (e-LoA)  Issuance of Final Decision on Disputed Assessment (FDDA)  Issuance of Formal Letter of Demand/Final Assessment Notice (FLD/FAN)  Issuance of Notice of Discrepancy (NIC)  Issuance of Preliminary Assessment Notice (PAN)  Group of answer choices  a. 1, 2, 3, 4, 5, 6 b. 2, 1, 5, 6, 4, 3 c. 2, 1, 6, 4, 5, 3 d. 1, 2, 5, 6, 4, 3

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the proper sequence of the BIR assessment process? 

  1. Actual/table audit 
  1. Issuance of electronic Letter of Authority (e-LoA) 
  1. Issuance of Final Decision on Disputed Assessment (FDDA) 
  1. Issuance of Formal Letter of Demand/Final Assessment Notice (FLD/FAN) 
  1. Issuance of Notice of Discrepancy (NIC) 
  1. Issuance of Preliminary Assessment Notice (PAN) 

Group of answer choices 

a. 1, 2, 3, 4, 5, 6

b. 2, 1, 5, 6, 4, 3

c. 2, 1, 6, 4, 5, 3

d. 1, 2, 5, 6, 4, 3

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