Question

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

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

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.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discuss synectics in your own words. Provide an example of a situation when you would use...
Discuss synectics in your own words. Provide an example of a situation when you would use synectics.
1) List at least three effective strategies that could encourage effective communication in a situation where...
1) List at least three effective strategies that could encourage effective communication in a situation where there is a language barrier. 2) List two strategies you could use if you were involved in a cross-cultural conflict with a work colleague and needed to sensitively resolve it. 3) Describe the effectiveness of visual imagery when communicating information to diverse audiences. 4) Provide at least three examples of universal imagery or colours used within the workplace
It is important to communicate properly in the workplace, especially when sharing patient information. The three-step...
It is important to communicate properly in the workplace, especially when sharing patient information. The three-step writing process is used in health care to help professionals provide effective communication by guiding them through which appropriate communication deliverable to use, writing for their audience, and the appropriate use of conventions. ·       What is the purpose of the communication? ·       Who is your audience? ·       What does your audience need to know, and why do they need to know it? ·       What communication deliverable is the...
When preparing a client’s tax return they informed you that they had taken an overseas trip...
When preparing a client’s tax return they informed you that they had taken an overseas trip for business purposes and on the basis of it being a legitimate expense the costs were included as a deduction. When the client came to review and sign the tax return photographs of the trip were shown to you that showed the client and the family sightseeing in Europe. What would you do at this point? Discuss in 120–150 words. Australian Tax Obligations should...
Tax Preparation Problem Use the following information to complete Phillip and Claire Dunphy’s 2016 federal income...
Tax Preparation Problem Use the following information to complete Phillip and Claire Dunphy’s 2016 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Ignore the alternative minimum tax for this problem. Any required forms, schedules, and instructions can be found at the IRS website (www.irs.gov). The instructions can be helpful in completing the forms. Facts: Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent,...
Project 1 Explain how your organisational systems, policies or procedures can support the development of effective...
Project 1 Explain how your organisational systems, policies or procedures can support the development of effective work relationships focusing on communications, consultation, feedback, cultural and social sensitivity, and issue & conflict resolution. Ensure you include in your discussion the following points: communicating information to support others to achieve work responsibilities facilitating employees' contributions to consultation on work issues providing feedback on the outcomes of consultations resolution of issues raised or referral to relevant personnel establish and/or implement policies to ensure...
Workplace Application - Assessment 2 What’s the current situation? “Extreme rain fall” events in Brazil have...
Workplace Application - Assessment 2 What’s the current situation? “Extreme rain fall” events in Brazil have been on the rise since the 1980s. In Guarujá a coastal town 25 miles from Soa Paulo, 18 people were killed in a single monsoon rain. The rise of global temperatures worldwide is likely to produce more extreme events for the area. Pirelli Tires a well-known performance tire manufacturer has been hit especially hard. In 2003, Pirelli built a 345,000 square foot manufacturing plant...
Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds...
Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds of companies offering tax preparation in a given market. The current market equilibrium price is $120. Jojo’s Tax Service has a daily, short-run total cost given by TC = 100 + 4Q2. Answer the following questions: How many tax returns should Jojo prepare each day if her goal is to maximize profits? How much will she earn in profit each day? A perfectly competitive...
Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds...
Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds of companies offering tax preparation in a given market. The current market equilibrium price is $120. Jojo’s Tax Service has a daily, short-run total cost given by TC = 100 + 4Q2. Answer the following questions: How many tax returns should Jojo prepare each day if her goal is to maximize profits? How much will she earn in profit each day? A perfectly competitive...
Step 1: Identify a true-life situation requiring leadership in your work, personal, or community life. Examples...
Step 1: Identify a true-life situation requiring leadership in your work, personal, or community life. Examples include creating a business, raising a family, and leading a task force or team. Step 2: Answer the following questions. The Combination Lock—The Leadership Equation Describe your leadership traits, behaviors, qualities, and style. Describe the characteristics of your followers. Describe the situation in terms of time and circumstances. Are the people and conditions right for you to provide leadership? The Ignition Key—The Power of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT