Which of the Following Is Primary Authority on Which to Base

question 75

Multiple Choice

Which of the following is primary authority on which to base research conclusions?  

• A) This textbook
• B) An editorial explanation in a commercial tax service
• C) A Treasury regulation
• D) A treatise written by a tax attorney and published in a legal journal

---

Definitions:

Responsiveness

Refers to the ability of a business or system to quickly react to changes or demands in the environment.

Greater Smoothing

A technique used in data analysis and time series forecasting to reduce volatility or noise in data points.

Promotional Efforts

Activities and campaigns designed to increase awareness or sales of a product or service, typically involving advertising and marketing tactics.

Six-month Moving Average

A method of smoothing data by calculating the average of six consecutive months' worth of data, continuously updated month by month.