(True and False)
1. The purpose of civil laws is to “right a wrong” or send someone to jail or have them pay fines, whereas the purpose of criminal laws is to seek monetary remedies or recover stolen funds.

2. The retention of a fraud investigator in a bankruptcy case must always be approved by the bankruptcy court’s judge.

3. A “planned bankruptcy” is usually referred to as a bust-out.

4. The IRS can add a 20 percent penalty to your tax bill for a careless mistake and a 75 percent penalty for tax fraud.

5. The U.S. tax system is based on voluntary compliance.

6. Americans should pay the least amount of taxes they legally owe.

7. The U.S. Department of Treasury is a branch of the IRS.

8. Tax fraud can be committed against state, federal, or local governments.

9. To work as an entry-level CI special agent, you must be at least 29 years of age.