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Which of the following best describes the weight of a revenue ruling? Revenue rulings should never be used as authority since they only apply to

Which of the following best describes the weight of a revenue ruling?

Revenue rulings should never be used as authority since they only apply to the taxpayer requesting the ruling.

Regulations carry more weight than revenue rulings.

Revenue rulings carry more weight than federal court decisions.

Revenue rulings carry more weight than regulations.

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