Chapter 5, Problem 5AP

Indicate whether each of the following statements regarding the tax research process is TRUE or FALSE.

1. a. In performing step 2 of the tax research process, research questions should be stated as broadly as possible.
2. b. Step 5 of the tax research process is typically performed only by novice tax researchers.
3. c. If a taxpayer fact situation suggests multiple research questions, the research must consider the order in which the questions should be answered.
4. d. Tax research is most often associated with tax planning activities and is rarely conducted as part of the tax compliance process.