Investigation of a Tax Problem That Involves a Closed-Fact Situation

question 94

Multiple Choice

Investigation of a tax problem that involves a closed-fact situation means that

• A)the client's transactions have already occurred and the tax questions must now be resolved.
• B)the client's tax return has yet to be filed.
• C)future events may be planned and controlled.
• D)research is primarily concerned with applying the law to the facts as they exist.

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Definitions:

Margins

The blank space surrounding the text in a document or the edges of a page where no text or images are printed.

Page Layout Tab

A feature in many word processors and design programs that provides tools for editing the page orientation, size, margins, and other layout elements.

Page Setup Group

A set of commands in document and spreadsheet software that allows the user to adjust the document’s physical layout, margins, and other print settings.

Preserves Formatting

The maintenance of text style, layout, and appearance when copying and pasting or transferring between applications.