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One Recent Use of O*NET Is to Use the Occupational

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One recent use of O*NET is to use the Occupational Interest Profiles (OIPs) to help:


Definitions:

Taxable Income

The amount of an individual's or entity's income used to determine how much tax is owed, calculated by deducting allowable deductions and exemptions from gross income.

Tangible Asset

Physical and material assets that can be seen, touched, or quantified, such as machinery, buildings, and inventory.

Goodwill

The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

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