Question 1

Which statement is CORRECT regarding annotated tax services?

Accepted Answer

A) They are organized by Internal Revenue Code section. 
B) They provide annotations, which are comprehensive, detailed analyses of related court cases and administrative rulings. 
C) They divide the tax law intotransactions and related subject matter with underlying tax principles as an organizing format. 
D) All of these are correct. 
A) They are organized by Internal Revenue Code section. 
B) They provide annotations, which are comprehensive, detailed analyses of related court cases and administrative rulings. 
C) They divide the tax law intotransactions and related subject matter with underlying tax principles as an organizing format. 
D) All of these are correct. A

Question 2

Which strategy would be the most useful toa tax researcher unfamiliar with a particular tax topic?

Accepted Answer

A) Read the editorial explanation of the topic and the overview of the applicable law. 
B) Perform a Google™ or Bing™ search. 
C) Select a database tosearch. 
D) None of these are correct. 
A) Read the editorial explanation of the topic and the overview of the applicable law. 
B) Perform a Google™ or Bing™ search. 
C) Select a database tosearch. 
D) None of these are correct. A

Question 3

It is  imperative that a citator be examined todetermine how later legal sources have considered  the document of interest.

Accepted Answer

A) True 
 B)False  True

Question 4

Why would a practitioner need a commercial, subscription tax service when most tax sources are available on the Internet for free?

Accepted Answer

A tax practitioner needs a subscription,

Question 5

The only support recognized by the IRS and courts are primary sources and not the editorial explanations of a tax service.

Accepted Answer

A) True 
 B)False

Question 6

The database which is organized by the numerical structure of Code is the:

Accepted Answer

A) topical database 
B) IRS database 
C) Court cases database 
D) annotated database 
A) topical database 
B) IRS database 
C) Court cases database 
D) annotated database

Question 7

Checkpoint's annotated service is known by the following acronym:

Accepted Answer

A) the U.S. Master Tax Guide 
B) AFTR 
C) USTR 
D) none of these are correct 
A) the U.S. Master Tax Guide 
B) AFTR 
C) USTR 
D) none of these are correct

Question 8

If you want toretrieve documents relating toamortizing legal fees paid for the organization of a partnership, which search query would likely yield the best results in Thomson Reuters Checkpoint?

Accepted Answer

A) amortizing and legal fees 
B) amortiz * "legal fees" partnership 
C) amortization organization not corporations 
D) amortize and "legal fees" or partnerships 
A) amortizing and legal fees 
B) amortiz * "legal fees" partnership 
C) amortization organization not corporations 
D) amortize and "legal fees" or partnerships

Question 9

The key toeffective tax research is:

Accepted Answer

A) finding your answer in free Internet sources 
B) avoiding preparer penalties 
C) finding the pertinent material necessary toarrive at an informed conclusion about the best treatment of a tax problem 
D) all of these are correct 
A) finding your answer in free Internet sources 
B) avoiding preparer penalties 
C) finding the pertinent material necessary toarrive at an informed conclusion about the best treatment of a tax problem 
D) all of these are correct

Question 10

Checkpoint (formerly RIA Checkpoint)is a commercial tax and accounting research  service offered by CCH.

Accepted Answer

A) True 
 B)False

Question 11

The Federal Tax Coordinator (FTC)is generally considered the most comprehensive of the three editorial sources in Checkpoint.

Accepted Answer

A) True 
 B)False

Question 12

Thomson Reuters Checkpoint will NOT automatically use its Thesaurus and look for synonyms when you put in a search query.

Accepted Answer

A) True 
 B)False

Question 13

A Checkpoint Contents search can be difficult touse.

Accepted Answer

A) True 
 B)False

Question 14

Explain the difference between an annotated tax service and a topical tax service. Give an example of each.

Accepted Answer

An annotated tax service is organized fo

Question 15

Commercial tax services provide editorial explanations and expert analysis of primary tax law.

Accepted Answer

A) True 
 B)False

Question 16

Select three different primary sources, one from each area of tax law (legislative, administrative, and judicial), and provide a specific example of a source that is available in Checkpoint.

Accepted Answer

Legislative: Internal Revenue Code, vari

Question 17

A citator is a tool through which a tax researcher can learn the history of a legal  source and evaluate the strength of its holdings.

Accepted Answer

A) True 
 B)False

Question 18

Boolean connectors are used:

Accepted Answer

A) when the researcher is unsure as towhich keywords would be most effective in a search 
B) todefine the relationship between keywords 
C) in intuitive searches 
D) none of these are correct 
A) when the researcher is unsure as towhich keywords would be most effective in a search 
B) todefine the relationship between keywords 
C) in intuitive searches 
D) none of these are correct

Question 19

The footnote links in Checkpoint editorial services are not important totax researchers.

Accepted Answer

A) True 
 B)False

Question 20

Checkpoint's flagship editorial content tax service is entitled the:

Accepted Answer

A) Federal Tax Coordinator 
B) Federal Tax Handbook 
C) Standard Federal Income Tax Reporter 
D) United States Tax Reporter 
A) Federal Tax Coordinator 
B) Federal Tax Handbook 
C) Standard Federal Income Tax Reporter 
D) United States Tax Reporter

Which statement is CORRECT regarding annotated tax services?

Which strategy would be the most useful toa tax researcher unfamiliar with a particular tax topic?

It is imperative that a citator be examined todetermine how later legal sources have considered the document of interest.

Why would a practitioner need a commercial, subscription tax service when most tax sources are available on the Internet for free?

The only support recognized by the IRS and courts are primary sources and not the editorial explanations of a tax service.

The database which is organized by the numerical structure of Code is the:

Checkpoint's annotated service is known by the following acronym:

If you want toretrieve documents relating toamortizing legal fees paid for the organization of a partnership, which search query would likely yield the best results in Thomson Reuters Checkpoint?

The key toeffective tax research is:

Checkpoint (formerly RIA Checkpoint)is a commercial tax and accounting research service offered by CCH.

The Federal Tax Coordinator (FTC)is generally considered the most comprehensive of the three editorial sources in Checkpoint.

Thomson Reuters Checkpoint will NOT automatically use its Thesaurus and look for synonyms when you put in a search query.

A Checkpoint Contents search can be difficult touse.

Explain the difference between an annotated tax service and a topical tax service. Give an example of each.

Commercial tax services provide editorial explanations and expert analysis of primary tax law.

Select three different primary sources, one from each area of tax law (legislative, administrative, and judicial), and provide a specific example of a source that is available in Checkpoint.

A citator is a tool through which a tax researcher can learn the history of a legal source and evaluate the strength of its holdings.

Boolean connectors are used:

The footnote links in Checkpoint editorial services are not important totax researchers.

Checkpoint's flagship editorial content tax service is entitled the:

Introduction Totax Practice and Ethics

Tax Research Methodology

Constitutional and Legislative Sources

Administrative Regulations and Rulings

Judicial Interpretations

CCH Intelliconnect

Other Tax Services and Tax Periodicals

Multijurisdictional Taxes

Communicating Research Results

Tax Planning

Working With the IRS

Tax Practice and Administration

Filters

Exam 6: Thomson Reuters Checkpoint

Which statement is CORRECT regarding annotated tax services?

Which strategy would be the most useful toa tax researcher unfamiliar with a particular tax topic?

It is imperative that a citator be examined todetermine how later legal sources have considered the document of interest.

Why would a practitioner need a commercial, subscription tax service when most tax sources are available on the Internet for free?

The only support recognized by the IRS and courts are primary sources and not the editorial explanations of a tax service.

The database which is organized by the numerical structure of Code is the:

Checkpoint's annotated service is known by the following acronym:

If you want toretrieve documents relating toamortizing legal fees paid for the organization of a partnership, which search query would likely yield the best results in Thomson Reuters Checkpoint?

The key toeffective tax research is:

Checkpoint (formerly RIA Checkpoint)is a commercial tax and accounting research service offered by CCH.

The Federal Tax Coordinator (FTC)is generally considered the most comprehensive of the three editorial sources in Checkpoint.

Thomson Reuters Checkpoint will NOT automatically use its Thesaurus and look for synonyms when you put in a search query.

A Checkpoint Contents search can be difficult touse.

Explain the difference between an annotated tax service and a topical tax service. Give an example of each.

Commercial tax services provide editorial explanations and expert analysis of primary tax law.

Select three different primary sources, one from each area of tax law (legislative, administrative, and judicial), and provide a specific example of a source that is available in Checkpoint.

A citator is a tool through which a tax researcher can learn the history of a legal source and evaluate the strength of its holdings.

Boolean connectors are used:

The footnote links in Checkpoint editorial services are not important totax researchers.

Checkpoint's flagship editorial content tax service is entitled the:

Introduction Totax Practice and Ethics

Tax Research Methodology

Constitutional and Legislative Sources

Administrative Regulations and Rulings

Judicial Interpretations

CCH Intelliconnect

Other Tax Services and Tax Periodicals

Multijurisdictional Taxes

Communicating Research Results

Tax Planning

Working With the IRS

Tax Practice and Administration

Filters