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Provide a situation when the workplace capability Information Literacy would be effective when discussing tax preparation...

Provide a situation when the workplace capability Information Literacy would be effective when discussing tax preparation with a business in atleast 150 words

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Information literacy refers to the ability of the workforce to find, analyse and use the information effectively for the result oriented purpose. While tax is the complicated subject, it requires in depth knowledge of the business transactions and recording of them. Tax preparation can include budgeted tax implications as well as the final tax to be paid in the year. For the purpose, tax consultant and employees of the business both may require information which need to be find, analyzed and used. Thus, it is this situation when the projected or final tax are being calculated the capibility of information literacy can be helpful.

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