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Making Spending Decisions

Question 13 • ***CPS Online Personal Finance fall – 3-2027

Tax evasion or fraud may result in .

Answer
A
imprisonment
B
job loss
C
property loss

Explanation

Tax evasion or fraud is a crime and can lead to legal penalties, including imprisonment. Job loss or property loss may occur in some situations, but imprisonment is the direct criminal penalty listed here.

AI-written and checked against the verified answer.