Once the Initial Facts Have Been Gathered and the Issues

question 3

Multiple Choice

Once the initial facts have been gathered and the issues defined, the tax researcher must:

• A)develop conclusions and recommendations
• B)evaluate the authority
• C)contact the IRS
• D)locate the authority

---

Definitions:

Sarbanes-Oxley Act

A federal law established in 2002 aimed at improving corporate governance and accountability, in response to financial scandals.

Securities Fraud

A type of serious financial fraud involving the manipulation of the securities markets, such as insider trading or misleading statements by companies.