The U.S. Internal Revenue Service uses _____________ to identify patterns that distinguish questionable annual personal income tax filings.
A)utility theory
B)prescriptive analytics
C)data mining
D)decision analysis

Question

Quizplus · Accepted Answer

The U.S. Internal Revenue Service uses data mining to identify patterns that distinguish questionable annual personal income tax filings. Data mining is the process of discovering patterns in large data sets using statistical methods and machine learning algorithms. By analyzing large amounts of data, the IRS can spot potential tax fraud or non-compliance. Utility theory, prescriptive analytics, and decision analysis are not typically used by the IRS in their efforts to identify questionable tax filings.

The US Internal Revenue Service Uses _____________ to Identify Patterns That