VAT input/output reconciliation is a common focus of:
APersonal income tax audit
BVAT auditsCORRECT
CProperty audits
DCustoms only
CITNTax Audit
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
VAT audits routinely reconcile input VAT (purchases) and output VAT (sales) to verify net VAT payable/recoverable.
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