Tax prep basic - Study guides, Class notes & Summaries

Only volunteers who prepare and review tax returns are required to complete the Volunteer Standards of Conduct Training and certification. CORRECT ANSWER False Volunteers are generally held liable for the tax returns they prepare at VITA/TCE sites. CORRECT ANSWER False Volunteers are not required to complete a return if they have concerns about the accuracy of information provided by the taxpayer or other concerns. CORRECT ANSWER True 1. To determine if a taxpayer must file a tax return...

Michigan Surplus Lines Insurance Exam Prep questions and answers latest top score. (1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - correct answers.A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standards - correct answers.A) Tighten their underwriting standards. Tighten and ra...

Kentucky Life and Health Insurance Exam Prep| Questions and Verified Answers| 100 % Correct| Grade A (Latest 2024/ 2025 Update) Q: what is loss exposure state of being subject to a passible loss Q: what does it mean to be defineable Answer: definite as to time, cause and location Q: what does it mean to be measurable Answer: companies will state how much they will pay for a covered loss Q: is loss due to war covered Answer: no Q: can accidental b...

Test Bank For Data Analytics for Accounting 3rd Edition By Vernom Richardson, Complete All Chapters | Newest Version 2024/2025.Chapter 01: Student name:__________ 1) Data analytics is the process of evaluating data with the purpose of drawing conclusions to address business questions. ⊚ true ⊚ false 2) The process of data analytics aims to transform raw information into data to create value. ⊚ true ⊚ false 3) Data analytics has the potential to transform the manner in which comp...

Data Analytics for Accounting, 3rd Edition Richardson Chapter 1-9 Answers are at the End of Each Chapter Chapter 01: Student name:__________ 1) Data analytics is the process of evaluating data with the purpose of drawing conclusions to address business questions. ⊚ true ⊚ false 2) The process of data analytics aims to transform raw information into data to create value. ⊚ true ⊚ false 3) Data analytics has the potential to transform the manner in which companies run their bu...

TMT Prep Test Questions with Complete Solutions 2024/2025 What are the most common types of business models in the telecom and media industry? - ANSWERS> Traditional Equipment Sales/Wireless Services: recent revenue growth has been very low because this type of revenue is related to one-time equipment sales and then monthly plans, making revenue growth a function of geographic expansion. However, companies in this space tend to benefit from high operating leverage, barriers to entry, and...

Test Bank For Data Analytics for Accounting 3rd Edition By Vernom Richardson, Complete All Chapters | Newest Version 2024/2025. Chapter 1-9 Answers are at the End of Each Chapter Chapter 01: Student name:__________ 1) Data analytics is the process of evaluating data with the purpose of drawing conclusions to address business questions. ⊚ true ⊚ false 2) The process of data analytics aims to transform raw information into data to create value. ⊚ true ⊚ false 3) Data analytics h...

NATIONAL GRID EXAM 2024 WITH ACCURATE SOLUTIONS IQCS aka THE CREDIT SCREEN - Precise Answer Used to inform rep if a customer is eligible to having their meter locked. Also shows the number of times they been locked, if they had bad checks Also shows if a customer is using abp IQCI * - Precise Answer Used to find a customer via: name, ssn, tax id IQRB aka ACCOUNT RUNNING BALANCE - Precise Answer *THE MONEY SCREEN* shows the customers charges and credits IQMS aka THE MISC SCREEN -...

1) Data analytics is the process of evaluating data with the purpose of drawing conclusions to address business questions. ⊚ true ⊚ false 2) The process of data analytics aims to transform raw information into data to create value. ⊚ true ⊚ false 3) Data analytics has the potential to transform the manner in which companies run their businesses, however it is not practical in the near future. ⊚ true ⊚ false 4) Auditors can use social media to hear what customers are saying...