Indirect Tax
What is one of the major exemptions from sales tax in Texas?
Goods for resale, necessities for life, bulk sales, goods/services used for manufacturing, occasional sales, entity
What is the business management software that forms the backbone of a company’s financial system? It supports product planning, asset management, distribution, accounting, marketing, finance, human resources, etc.
ERP Systems
NFT stands for what?
Non-fungible token
What is the court case that established the economic nexus and eliminated the physical presence requirement for sales tax nexus?
Wayfair vs South Dakota
What acronym describes taking data from multiple sources, modifying that data, and using the modified data for analysis/visualization?
ETL
What type of algorithm most closely resembles a child having to sort blocks by color, shape or both with no instructions?
unsupervised
During Grant Thornton’s presentation on indirect tax, what new software platform did we use for in-class exercise that was similar to Power BI?
What Microsoft software package provides improved data functionality from three major areas (Power Query, Power Pivot, Power View)
Power BI Desktop
What is it called when a machine model has memorized the training data rather than learned underlying patterns?
overfitting