Federal Tax Research 11th Edition By Roby Sawyers – Test Bank

1. The audience for tax research communication is primarily:
a. the client
b. the practitioner’s supervisor
c. none of these are correct
d. all of these are correct
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:39 PM

2. To effectively convey the results of a tax research project, the practitioner must:
a. consult IRS officials
b. apply professional judgment and communication skills
c. have an informal discussion with the client
d. all of these are correct
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:40 PM

3. Tax-related communications can come in many forms, for example:
a. a posting on a general, business, or tax-oriented blog
b. a speech to a general audience
c. an article for publication in a professional journal
d. an appearance on a broadcast with more or less serious tone
e. all of these are correct
ANSWER: e
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:41 PM

4. The heart of tax research communication is:
a. the file memo
b. primary source material
c. secondary source material
d. network links
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:42 PM

5. Which of the following is CORRECT with respect to a file memo?
a. It should include only the strengths of the client’s position.
b. It should include a list of the tax issues that are in dispute and a matching conclusion for each identified issue.
c. It should be prepared only in closed-fact situations.
d. All of these are correct.
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:42 PM

6. Initial determinations of the facts of a tax issue are likely to be incomplete because:
a. taxpayers tend to see the dispute only from their side
b. taxpayers not being trained in the tax law may be unable to determine which facts are important to convey
c. fact-gathering often depends on the reliability of the memory of taxpayers
d. all of these are correct
ANSWER: d
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:43 PM

7. Which of the following statements is CORRECT with respect to conflicting tax laws?
a. Revenue Rulings and Revenue Procedures seldom are held to be invalid by a court.
b. Regulations are frequently held to be invalid by a court.
c. The decisions of courts that are higher in the judicial hierarchy should receive additional precedential weight.
d. All of the these are correct.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:44 PM

8. Other factors being equal, decisions of which of the following Circuit Courts should be given additional weight when evaluating sources?
a. the Second and Ninth Circuits
b. the Sixth and Ninth Circuits
c. the Federal and First Circuits
d. all the these courts have equal weight
ANSWER: a
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:44 PM

9. All of the following statements are CORRECT with regard to the weight of authority of tax documents EXCEPT:
a. District and Circuit Court opinions have direct bearing on the taxpayer only if they were issued in the taxpayer’s jurisdiction.
b. The opinions of the Court of Federal Claims and Tax Court are not binding on a taxpayer if they were issued with respect to a taxpayer who lives in a different jurisdiction.
c. Revenue Rulings and Revenue Procedures are frequently modified or held to be invalid by courts.
d. Older court decisions should be given a declining degree of importance unless they are Supreme Court cases.
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:54 PM

10. By far the most common form of substantive communication between the tax professional and his or her client is a:
a. file memo
b. text message
c. tax-oriented blog
d. telephone call or e-mail
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
DATE CREATED: 3/30/2017 11:39 AM
DATE MODIFIED: 5/1/2017 4:46 PM