Ariel, a recent graduate in finance from a well-known university, was hired by a large corporation to work in tax management. Ariel's goal is:
A) to prepare the company's tax returns.
B) to develop ways to increase taxes in order to enhance the bottom line.
C) to minimize the firm's tax consequences.
D) to be the firm's tax collector.

Question

Quizplus · Accepted Answer

As a tax management professional, Ariel's primary goal is to minimize the firm's tax consequences legally and ethically. This means finding ways to reduce the amount of taxes the company owes while still complying with relevant tax laws and regulations. The other options listed (A, B, and D) do not accurately reflect the responsibilities of a tax management professional.

Ariel, a Recent Graduate in Finance from a Well-Known University