$**$Objective Type Question:$**$

Which of the following accurately describes the consequences of tax deficiencies in accounting?

a$)$ Tax deficiencies always result in criminal charges against the taxpayer.

b$)$ Tax deficiencies may lead to penalties and interest charges imposed by tax authorities.

c$)$ Tax deficiencies are never subject to any consequences.

d$)$ Tax deficiencies result in automatic audits by tax authorities.