In Preparing a Tax Return, a CPA Should Verify to the Penny

question 98

True/False

In preparing a tax return, a CPA should verify to the penny every item of information submitted by a client about its deduction for repairs and maintenance.

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Definitions:

Alignment

The adjustment of text, graphics, or objects to line up in a specified way within a document or presentation, such as left, right, center, or justified.

Form Design View

A mode in database and software development that allows for the creation and customization of forms through a graphical user interface.

Field List

A list or collection of fields available for use within a database or software application, typically used in designing forms or reports.

Conditional Formatting

A feature in data visualization and spreadsheet software that changes the appearance of cells based on specific criteria or conditions.