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In: Accounting

What are examples of applied tax research?

What are examples of applied tax research?

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Expert Solution

Applied research definition:- It is a research which is utilized to answer a specific question, determine why failure or
the success of something, to solve a specific pragmatic problem in relation to product development for clear and better understanding.
No. Examples of applied tax research are as below.
1) An organization is thinking to implement a paperless office and a networking system for the company’s computers. So they can
conduct research to estimate average time spent by their
employees at personal computers per week.
2) Based on findings from an NSF-funded research
effort, an OU faculty researcher identifies an application
of the research that can assist to determine the increase in agricultural crop production yields.
3) The research team of a university can apply and research a new
technique for storing and using liquified natural gas
(LNG) for use in a variety of fleet vehicles.
4) The faculty researchers can develop a set of
new data-mining and text-mining algorithms that make operational rapid entity discovery for large sources of streaming
unstructured text.

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