Which Command Staff member approves the Incident Action Plan and all requests pertaining to the ordering and releasing of incident resources?A. Public Information OfficerB. Safety OfficerC. Liaison OfficerD. Incident Commander

Answers

Answer 1

Answer:

D. Incident commander.

Explanation:

Incident commander handles basically every incident emergency there is and execute incident action plan.

Answer 2

Incident Commander approves the Incident Action Plan and all requests pertaining to the ordering and releasing of incident resources. Correct option is D.

In the Incident Command System (ICS), the Incident Commander (IC) is the Command Staff member responsible for overall management of the incident. The IC is the one who approves the Incident Action Plan (IAP) and all requests related to the ordering and releasing of incident resources. The IAP outlines the incident objectives, strategies, tactics, and resource assignments to effectively manage the incident. The IC is in charge of making critical decisions and ensuring that the incident is handled efficiently and safely.

To know more about Incident Action Plan:

https://brainly.com/question/13981837

#SPJ6


Related Questions

A bond is__________.
A. a debt instrument, that is, the issuer has taken out a loan.
B. an equity instrument, that is, the buyer has purchased ownership in the issuer's firm.
C. the same thing as a stock.
D. a short-term loan from the government.

Answers

Answer:

The correct answer is A.

Explanation:

Bond is the instrument which is a fixed income and it represents a loan that is made by an investor to the borrower It is an IOU among the borrower and the lender which involves the payment as well as the loans details. It is used by the companies, states, sovereign governments and municipalities for financing the operations of the business.

Therefore, it is a instrument of debt, which the issuer has taken a loan.

Consider the relative liquidity of the following assets: Assets
1. A bond issued by a publicly traded company
2. The funds in a savings account
3. A $5 bill
4. Your house Select the assets in order of their liquidity, from most liquid to least liquid
Select the assets in order of their liquidity, from most liquid to least liquid. AssetMost Liquid Boat $5.00 bill Funds in a savings account BondSecond-Most Liquid Funds in a savings account Boat $5.00 bill BondThird-Most Liquid Bond Boat $5.00 bill Funds in a savings account
Least Liquid
Funds in a savings account $5.00 bill Bond Boat.

Answers

Answer:

4. Your house - MONEY IS THE MOST LIQUID ASSET THAT CAN EXIST

2. The funds in a savings account  - MOST SAVINGS ACCOUNTS ALLOW THEIR CLIENTS A CERTAIN NUMBER OF WITHDRAWALS OR ELECTRONIC TRANSFERS PER MONTH, SO MONEY AT A SAVINGS ACCOUNT IS ALSO VERY LIQUID.

1. A bond issued by a publicly traded company - THE COMPLETE PROCESS OF SELLING A BOND MAY TAKE FROM ONE FULL DAY TO A FEW DAYS, SINCE FIRST YOUR TRADER MUST SELL THE BOND AND THEN THEY MUST TRANSFER THE MONEY TO YOUR ACCOUNT. STILL BONDS ARE LIQUID ASSETS.

4. Your house - SELLING A HOUSE IS A LONG PROCESS THAT CAN TAKE A FEW DAYS (AT BEST) TO SEVERAL MONTHS, SO A HOUSE IS NOT A VERY LIQUID ASSET.  

The sustainable infrastructure pressure of increased energy consumption poses new and growing pressure. The energy consumed by a computer is estimated to produce as much as 10% of the amount of carbon dioxide produced by a ________.A. houseB. schoolC. carD. cell phone

Answers

Answer:

car

Explanation:

Based on various studies conducted in regards to environmental safety and global-warming gases it is said that the energy consumed by a computer is estimated to produce as much as 10% of the amount of carbon dioxide produced by a car. Since a car produces roughly 4.6 metric tons of carbon dioxide per year. It seems that the energy consumption for computers is creating an approximated 0.46 metric tons of carbon dioxide a year.

________ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.

Answers

Answer:

The answer is personal selling

Explanation:

_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.

You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sharply and is not expected to recover. What is your best option?

Answers

Answer:

The best option is to shift to fiat currency.

Explanation:

A fiat currency is the type of currency which is not backed by any valuable asset but by the government that has issued it. Commodity money, on the other hand, is the money which is backed by some physical commodity, generally a valuable asset such as gold or silver.  

In the case of commodity money, its value is based on the value of the asset it is backed by.  

If a currency is backed by gold and gold production is declining sharply and is not expected to rise. Then in this situation, the government will not be able to increase the money supply.  

In this situation, the best option is to move to fiat currency which is not backed by any asset so its value will not fluctuate with the value of the underlying asset.

CAD workstations: facilitate employee learning. provide engineers, designers, and factory managers with precise control over industrial design and manufacturing. allow groups to work together on documents. provide an important source of expertise for organizations. are high-end PCs used in the financial sector to analyze trading situations instantaneously and facilitate portfolio management.

Answers

Answer:

The correct answer is Provide engineers, designers, and factory managers with precise control over industrial design and manufacturing.

Explanation:

There are many reasons (and components) with which to answer this question, but it all comes down to one thing in the end: productivity. A professional Workstation for CAD pays its cost very quickly with increasing productivity because it allows you to work much faster and is significantly more reliable.

The most notable negative impact on productivity derives from poor reliability. A computer that does not work well puts us in the worst time-wasting situation. That is why high-speed computers for CAD are built alone and only with maximum quality components and are designed for maximum reliability, not just for maximum speed. The reduction or near elimination of downtimes, or breakdowns or problems of one kind or another, is the fundamental advantage of CAD stations compared to cheap PCs with low cost components.

In accrual accounting, to defer means to recording the other side of the cash transaction as a revenue or expense. Instead the other side of the cash entry is recorded as liability or prepaid:_____

Answers

Answer:

Expense

Explanation:

In accrual accounting, to defer means to recording the other side of the cash transaction for revenue as a liability usually referred to as deferred or unearned revenue.

For expense, it is recognized as prepaid expenses meaning that the expense for which cash was paid will be enjoyed in the future.

Therefore, the other side of the cash entry is recorded as liability or prepaid expense.

Final answer:

In accrual accounting, deferring means recording the other side of the cash transaction as a liability or prepaid instead of revenue or expense.

Explanation:

In accrual accounting, deferring means recognizing revenue or expenses in a different period than when cash is received or paid. Instead of recording the other side of the cash entry as revenue or expense, it is recorded as a liability or prepaid. This is done to match revenues and expenses with the period they are earned or incurred, resulting in more accurate financial statements.

Learn more about Accrual accounting here:

https://brainly.com/question/34770329

#SPJ6

Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcoming company-wide event. The company has offices spread across the country. Which of the following techniques will best help Athena receive suggestions from employees, while also allowing employees to share their ideas with one another?

Answers

Answer:

Online discussion forum

Explanation:

Based on the information provided within the question it can be said that the best method would be to use an Online discussion forum. These are websites in which anyone can connect and give their thoughts and opinions on a specific topic and discuss with anyone who would like to join in. Which is what would allow Athena to collect ideas from all the company employees at the same time.

Final answer:

Athena Jolene can collect and share employee suggestions effectively by creating an internet-posted forum, holding regular video conference meetings, and distributing staff surveys. This approach will foster direct communication and participation, aligning with the company's values and promoting a collaborative event planning process.

Explanation:

To effectively collect and share ideas from employees for the upcoming company-wide event, Athena Jolene can implement a system that encompasses direct communication, utilization of an internet-posted forum, and the facilitation of regular meetings. An intranet forum would serve as an open floor plan online, allowing employees from different offices to post their suggestions and discuss others' ideas, thus maintaining Athena's approachability and fostering a participatory culture. Additionally, regularly scheduled video conferencing sessions could help to celebrate achievements and gather real-time feedback, while staff surveys could be distributed to solicit further input from the company's 10,000 employees.

Athena could also consider sharing stories that illustrate the company's values and past successes in organizing events, as these narratives often engage employee emotions and foster identification with the company's ethos. This multi-faceted approach ensures that employee ideas are not only heard but also respected and acted upon, thus contributing to a more collective and inclusive event planning process.

Sam runs a red light and has an accident. He is sued. Sam contacts the only eyewitness, Curtis, and offers him $1000 if he does not testify at the trial. Curtis, who didn’t see Sam run the red light, does not testify and seeks payment of the $1000 from Sam. Sam refuses to pay. May Curtis enforce the contract with Sam?

Answers

Answer:

..

Explanation:

Well he did what was asked on the contract so Sam should pay and therefore yes he can enforce the contract

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30. Complete the necessary journal entry.a. bonds payable 1,000,000b. loss on bond retirement 20,000c. discount on bond 10,000d. cash 1,010,000

Answers

Answer:

bonds payable       1,000,000 debit

loss on redemption    20,000 debit

        discount on bonds               10,000 credit

        cash                                  1,010,000 credit

--to record tyhe call of the bonds on September 30th--

Explanation:

par value of the bonds:    1,000,000

call premium:                         10,000

total cash disbusements:  1,010,000

carrying value                      990,000

loss on redemption               20,000

Notice: It is a loss as we are paying more than the aliability is worth

discount/premium:

face value     1,000,000

carrying value 990,000

discount             10,000

We write off the bonds account: bond payable and bon discount

we debit the loss and credit hthe cash disbursments

Final answer:

The necessary journal entry for the redemption of callable bonds involves debitting 'Bonds Payable', 'Loss on Bond Retirement' and 'Discount on Bond', while crediting 'Cash'. Business accounting records these events to accurately represent the company's financial status.

Explanation:

This appears to be a question concerning how to record the redemption of callable bonds in accounting. Ajax, Inc. has issued callable bonds with a par value of $1,000,000 and these were called prior to maturity, resulting in a call premium of $10,000.

Seeing as the carrying value of the bonds is $990,000, the company incurs a loss since the carrying value is less than the par value. Hence, in order to record this transaction, we debit 'Bonds Payable' for $1,000,000 (the par value), debit 'Loss on Bond Retirement' for $20,000 (the difference between the par value and carrying value), debit 'Discount on Bond' for $10,000 (the remaining value from the discount), and credit 'Cash' for $1,010,000 (the amount paid to redeem the bonds plus the call premium).

Learn more about Bond redemption here:

https://brainly.com/question/34167182

#SPJ11

Which of the following statements is TRUE?
A. Not-for-profit business-oriented health care organizations use accrual accounting
B. Government owned hospitals follow FASB Statements (116 and 117) for not-for-profit organizations
C. Government-owned health care organizations do not report depreciation expense
D. The AICPA Health Care Guide provides accounting and reporting requirements that override GASB and FASB standards, but apply only to health care providers
E. Both commercial and private sector not-for-profit hospitals and health care providers follow FASB Statements 116 and 117

Answers

Answer:

C. Government-owned health care organizations do not report depreciation expense

Explanation:

C. Government-owned entities do not provide for depreciation of assets, they are written off immediately they are acquired

Jack Company provides for bad debts expense at the rate of 2% of credit sales. The following data are available for 2013:

Allowance for doubtful accounts, 1/1/13 (Cr.)
$ 12,000
Accounts written off as uncollectible during 2013
9,000
Credit sales in 2013
1,500,000

The Allowance for Doubtful Accounts balance at December 31, 2013, should be:

Answers

Answer:

$27,000

Explanation:

To calculate the balance for the Allowance for Doubtful Accounts account, we first have to calculate the total estimated bad debts for the year = $1,500,000 x 2% = $30,000.

Then we need to add the bad debt that was written off during the year ($9,000) and subtract the balance for the same account at the beginning of the year ($12,000).

= $30,000 + $9,000 - $12,000 = $27,000

A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect_________

Answers

Answer:

The answer is Deliveries for which no purchase order was issued.

Explanation:

A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____

JME Manufacturing put together a group of employees from marketing, engineering, manufacturing, and quality control to come up with a new product idea. This is an example of a(n) _____ group.

Answers

Answer:

cross  functional group

Explanation:

cross  functional group is a team of different expertise employee who work different in their specific field for the one common goal i.e. progress of the organisation.

For production of any product different department worked together to give product final touch  from research team to the quality team. It is combined form of one corporation which include worker or employee of different skills who has one common goal.

There are five basic keys to generating buzz in the marketplace. Among them is the need to stop thinking in terms of one-way communication and start thinking in terms of the dialogue. This represents which of the five Ts __________.

Answers

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

If nominal wages fall which of the following will occur in the short run? The SRAS curve will shift to the right The SRAS curve will shift to the left The AD curve will shift to the right The LRAS curve will shift to the right

Answers

Answer:

The SRAS curve will shift to the right.

Explanation:

A decline in nominal wages will reduce the cost of hiring labor. The overall cost of production will reduce as well. The firms will be able to increase production and investment.  

This increase in production and investment will increase the aggregate supply. As a result, the short-run aggregate supply curve will move to the right. This will cause the equilibrium price to fall and the equilibrium quantity to increase.

How will a recession in Japan affect the Singapore's economy, given that Singapore is an important trading partner?
A. Singapore's net exports are likely to fall because Japan's recession will reduce Singapore's imports.
B. Singapore's net exports are likely to fall because Japan's recession will reduce Japan's imports.
C. Singapore's net exports are likely to rise because Japan's recession will discourage its other trading partners from buying Japanese purchase products.
D. Singapore's net exports are likely to rise because shortages in Japan due to its recession will discourage Singapore's exports to Japan.

Answers

Answer:

The sino-japanese war was fought between Japan and China

Explanation:

........................

Suppose that at the same time Congress and the president pursue an expansionary fiscal​ policy, the Federal Reserve pursues an expansionary monetary policy. How might an expansionary monetary policy affect the extent of crowding out in the short​ run?

Answers

Answer:

The correct answer is an expansionary monetary policy would DECREASE interest rates and thus REDUCE the extent of crowding out.

Explanation:

Expansive monetary policy is a type of monetary policy that is mainly characterized by trying to stimulate the size of a country's money supply. Those responsible for its control are generally a central bank or other similar economic power.

When individuals prefer to save money instead of spending it or investing it, aggregate demand is very weak, which can lead to recessions. Through the performance in financial markets with expansive monetary measures, we seek to move towards economic growth and job creation by companies in a country. This makes the use of expansionary monetary policies frequent in situations of economic crisis or recession. Through various stimuli, on the one hand, it is about stimulating the production of goods and services and, therefore, the level of income of its citizens. On the other hand, it is about influencing the markets so that banks grant greater credit to families and businesses.

One reason why the average salary of Major League Baseball players is higher than the average salary of college professors is the careers of most baseball players are much shorter than the careers of most college professors. college professors accept lower salaries in exchange for better working conditions. competition among baseball club owners forces player salaries to be much higher than the players' marginal revenue products. the marginal revenue product of baseball players is greater than the marginal revenue product of college professors.

Answers

Answer:

the marginal revenue product of baseball players is greater than the marginal revenue product of college professors.

Explanation:

Baseball players are responsible for a baseball teams' revenues, and they add up billions of dollars per year. For example, Max Scherzer sells jerseys, caps and other merchandise for millions of dollars, and his team winning the World Series this year increases the team's revenue greatly. Sometimes even without winning a championship some players still generate lots of revenue.

An individual's salary should be proportional to the revenue that they generate. Colleges have huge amounts of revenue, and college professors are responsible for a large portion of it.

The problem hear is that there are a lot of college professors and assistants, and the revenue must be split between many people. For example, Harvard University's revenue is about $5.5 billion per year, but it has over 16,000 employees (including about 2,400 professors).

Unlike consultation, coalition tactics are most likely used when agents
A) make proposals that are designed to arouse enthusiasm or emotions in targets.
B) attempt to get targets in a good mood before making requests.
C) use threats or persistent reminders to influence targets.
D) seek the aid or support of others to influence their targets.

Answers

Answer:

b

Explanation:

It just makes sense. ... not much less to say about that

Final answer:

Coalition tactics are most likely used when agents D. seek the aid or support of others to influence their targets. This involves forming alliances or partnerships with other individuals or groups to achieve a common goal.

Explanation:

Coalition tactics are most likely used when agents seek the aid or support of others to influence their targets. This involves forming alliances or partnerships with other individuals or groups to achieve a common goal. Instead of working alone, agents leverage the power of numbers to increase their influence and achieve their objectives.

For example, in politics, political parties often form coalitions with other parties to gain more votes and increase their chances of winning elections. This allows them to pool resources, share expertise, and broaden their base of support. Another example is labor unions, which form coalitions with other unions to collectively negotiate for better wages, working conditions, and benefits for their members. By joining forces, they have a stronger bargaining position and can exert more pressure on employers.

Over the first four years of a company's life, it earned the following net income (loss): $10,000; $5,000; $6,000, and ($4,000). If the company's ending retained earnings is $14,200 after year 4, what is the average amount of dividends paid per year?

Answers

Answer:

$700

Explanation:

Total earnings in 4 years

= 10000 + 5000 + 6000 - 4000

= $17,000

Ending retained earnings after 4 years

= $14,200

Total amount paid out as dividend in 4 years

= 17000 - 14200

= $2,800

Average amount of dividends paid per year

= $2,800/4

= $700

Final answer:

The company paid an average of $700 in dividends each year over the four-year period, which is determined by subtracting the total increase in retained earnings from the total net income and then dividing by the number of years.

Explanation:

To calculate the average annual dividends paid by the company, we first need to determine the company’s total retained earnings over the four-year period and then subtract that from the total net income (loss). The net incomes over the first four years are $10,000, $5,000, $6,000, and ($4,000), which when summed up equals $17,000. The ending retained earnings after year 4 is $14,200.

The total increase in retained earnings over the four years can be found by subtracting the starting retained earnings (which can be considered zero if not provided) from the ending retained earnings. Assuming the company started with a retained earnings balance of zero, the increase in retained earnings over the four years is the ending retained earnings value of $14,200.

To find the total dividends paid out over the four years, we subtract the increase in retained earnings from the total net income: $17,000 (total net income) - $14,200 (increase in retained earnings) = $2,800 (total dividends paid). To find the average dividends paid per year, we divide the total dividends paid by four (the number of years): $2,800 / 4 = $700. Therefore, the company paid an average of $700 in dividends each year.

A public good is a good that is ________, and thus is difficult for market producers to sell to individual consumers.
a. excludable and rivalrous
b. nonexcludable and nonrivalrous
c. excludable or rivalrous
d. unexcludable or unrivaled

Answers

Answer:

B. Nonexcludable and nonrivalrous

Explanation:

A public good is basically non-profit goods that can be used by anyone either by the government, organization or an individual.

The​ ________ is a budget based on multiple levels of projected sales or production.

Answers

Answer: The Flexible Budget

Explanation:

A flexible budget is a budget that is prepared to cater for various levels of activity, i.e. differing levels of budget production or sales units. It is a budget that helps management prepare for different scenarios and quickly compute variances no matter the level of activity.

It is better than a static budget, which doesn't make adequate provision for circumstances that could be beyond the company's influence and control.

Morgner Heating and Cooling offers customers who buy air conditioners and furnaces free delivery and low installation charges. The company also offers a free follow-up inspection of the new equipment one month after it is installed. These services are ways that Morgner provides its customers with __________ utility.a. possession
b. time
c. marginal
d. situational

Answers

Answer:

a. possession

Explanation:

In this scenario it seems that these services are ways that Morgner provides its customers with possession utility. This term refers to the value that a customer will place when purchasing a certain product, as well as the use that they give that product. By providing these additional services with the purchase of a product, the customers place higher value on the product and end up purchasing it as opposed to the competitors.

Split-Div, Inc., has issued quarterly dividends of $0.10 per share each quarter over the last few years. This quarter Split-Div initiated a 2-for-1 stock split. What is the minimum quarterly dividend the board of Split-Div should approve to avoid sending a bad signal to investors?

a. $0.02 per share
b. $0.05 per share
c. $0.10 per share
d. $0.20 per share

Answers

Answer:

b. $0.05 per share

Explanation:

A stock split is conducted by companies to make investors have additional share(s) for each share they already own. One of the reasons why a company would do this is to make each share less expensive especially if it has realized that similar shares in the industry are selling at a price significantly lower that its own shares. However, it is important to note that the value of each investor's holding remains the same.

In this case, a 2-for-1 stock split means that an investor who has 1 share will now have 2 shares. However, the cumulative value of these shares is equal to the 1 share each held before the split, so is the dividend.

If dividend for 1 share = $0.10 in dividend

with a 2-for-1 stock split, each share should earn a minimum dividend of (0.10 /2 = $0.05) to avoid sending bad signals to investors

Four Seasons Hotels sell private residences in several of their properties and send direct mail to prospective residents asking them to request additional information on the telephone or through a website. In terms of direct marketing, this is known as:_______

Answers

Answer:

The correct answer is Lead generation.

Explanation:

A contact or lead is any user of a web page that, at a given time, provides us with their data in a form, thus losing their condition of anonymous visit and becoming a contact on which to track.

Lead acquisition would be all those actions or processes focused on getting contacts with which to nourish our database. In an inbound marketing project it would consist of the Convert or Conversion phase.

Basic characteristics of a lead:

The only data that is absolutely essential is the email address. It is also mandatory that these leads have previously accepted the company's privacy policy since otherwise it is not legally possible to track them and send them more communications.

Colossal Choco Chipper is a new, gigantic chocolate chip cookie created by the Kookie Cookie Company. To create interest for the Colossal Choco Chipper, the company sent a free package of six cookies to selected homes along with a coupon. Kookie Cookie's activities represent__________.a. consumer publicity.b. public relations.c. sales promotion.d. trade advertising.

Answers

Answer:

The correct option is C that is Sales Promotion

Explanation:

Sales Promotion is the term which is described as the procedure of persuading  the customer so that the customer buy the product. It is designed or created to be used as a  tactic which is short-term in nature in order to boost the sales.

So, the company sent free package having 6 cookies to the selected homes with the coupons. Therefore, the activity of the company represent the sales promotion of the product.

When the company sent a free package of six cookies to selected homes along with a coupon, this represent a Sales Promotion.

A Sales Promotion refers to series of procedure used in persuading the customer so that they can customer buy the offered product.

Hence, the free package of six cookies sent to selected homes along with a coupon represent a Sales Promotion.

Therefore, the Option C is correct

Read more about Sales Promotion

brainly.com/question/1312782

A political ad that incorporates a fear appeal would most likely be expressed as_______. A. religious repercussions after death.B. disenfranchisement from mainstream society.C. a lack of patriotic responsibility.D. a lack of self-respect or self-worth.E. warnings against the rise of other, unpopular ideologies.Fear appeals suggest to the consumer that some negative experience or outcome can be avoided if a certain good or service is purchased or behavior is changed..

Answers

Answer:

E.

Explanation:

A political ad that incorporates a fear appeal would most likely be expressed as warnings against the rise of other, unpopular ideologies. This is because a Fear Appeal uses a persuasive message in order to stir up emotions of fear within the viewers so that they act in a certain way that would prevent what they are afraid of. In political ads, this fear stems from the consequences that are states by the political party, if the viewers follow an opposing "unpopular" ideology.

Pernell Company reported LIFO reserves of $150,000 and $100,000 in 2016 and 2015, respectively. The company utilized the FIFO assumption for internal purposes. Based on this information, we can conclude that Pernell's cost of goods sold for the 2016 fiscal year would have been:

Answers

Final answer:

The LIFO reserve increased from 2015 to 2016, indicating Pernell's cost of goods sold for 2016 would have been $50,000 lower under the FIFO method, due to an accumulation of older, cheaper cost layers under LIFO during a period of rising prices.

Explanation:

The LIFO reserve is the difference in reported inventory cost by a company between the LIFO (Last-In, First-Out) and FIFO (First-In, First-Out) methods. In this scenario, Pernell Company reports an increase in LIFO reserve from $100,000 in 2015 to $150,000 in 2016. This indicates that the cost of inventory was higher under the FIFO method. Therefore, had Pernell used the FIFO method instead of LIFO, their cost of goods sold (COGS) for 2016 would be $50,000 lower than what they reported under the LIFO method. This is because an increase in the LIFO reserve indicates that older, cheaper cost layers are still in inventory under LIFO during periods of rising prices.

Learn more about LIFO and FIFO here:

https://brainly.com/question/17236535

#SPJ11

On May 2, Wainwright Company receives a $3,000, 4-month, 10% note from Fulton Company as a settlement of its accounts receivable. What entry will Wainwright Company make when it receives the note on May 2?

Answers

Answer:

                                             Debit                               Credit

Note receivable                     3,000                          

Accounts receivable                                                      3,000

Explanation:

In this case the Wainwright company is receiving an asset in the form of note receivable, and we will debit note receivable by 3,000 as an asset is increasing by 3,000 and whenever an asset increases we make a debit entry by the same amount.

Also Wainwright company is receiving this note as a settlement to its account receivable, which means that one of it's asset is decreasing by 3000, and whenever an asset decreases we make a credit entry by the same amount, so in this case we will credit accounts receivable by 3000.

Other Questions
What was the impact of the Coinage Act of 1873?It led to a rise in the prices of manufactured goods.It stopped the use of silver as money in the United States.It made it harder for American farmers to sell their goods abroad.It undermined political support for the gold standard. Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car payment , $300 on rent, and $50 on savings, what percent of his net income can he spend on other things? Describe the headright system of land distribution in Georgia. As opposed to operational plans, managers create business plans based onA:present events that can be guaranteed by the industry.B:only those events that are favorable to their company.C:past events that have occurred up to the time of the plan.D:future events occurring both internally and externally. Which of the following correlation coefficients would correspond to a strong linear relationship in a data set? A. 0 B. 0.5 C. 0.9 D. 100 Suppose that the insurance companies did do a survey. They randomly surveyed 400 drivers and found that 320 claimed they always buckle up. We are interested in the population proportion of drivers who claim they always buckle up. Construct a 95% confidence interval for the population proportion who claim they always buckle up. What is the error bound? 1) Tienes que comprar aspirinas.2) Te duele un diente.3) Te rompes una pierna.4) Te debes hacer un examen mdico.5) Te van a hacer una operacin.6) Te van a poner una inyeccin. Four Seasons Hotels sell private residences in several of their properties and send direct mail to prospective residents asking them to request additional information on the telephone or through a website. In terms of direct marketing, this is known as:_______ Number 1. which words fit best? A. No change)B. good enough to be considered by some experts to beC. referred to by some who should know asD. considered An astronaut compares the time passing on a watch worn while on a mission orbiting Earth with an identical watch on EarthThe astronaut's watch shows that two hours have passed.What would the watch on Earth show?Less than two hours have passed because time passes more slowly in areas with stronger gravitational fieldsO More than two hours have passed because time passes faster in areas with stronger gravitational fieldsLess than two hours have passed because time passes more slowly in areas with weaker gravitational fields.More than two hours have passed because time passes faster in areas with weaker gravitational fields. People with an _____ locus of control believes that outcomes are determined by outside forces such as fate or luck. By contrast, people with an _____ locus of control believe that outcomes are determined by their own actions or efforts. Thomas rents a car for his vacation. the mileage included with the rental is 54 miles. For every mile he drives over 54 miles, he needs to pay $1 4/5. If he drives 69 miles, how much extra does he need to pay? A certain social media Web site allows users to post messages and to comment on other messages that have been posted. When a user posts a message, the message itself is considered data. In addition to the data, the site stores the following meta data.The time the message was postedThe name of the user who posted the messageThe names of any users who comment on the message and the times the comments were madeFor which of the following goals would it be more useful to analyze the data instead of the metadata?A) To determine the users who post messages most frequently B) To determine the time of day that the site is most active C) To determine the topics that many users are posting about D) To determine which posts from a particular user have received the greatest number of comments Suppose that you are seated next to a stranger on an airplane and you start discussing various topics such as where you were born (what state or country), what your favorite movie of all time is, your spouse's occupation, and so on. For simplicity, assume that the probability that your details match for any given topic is 1 50 and is independent from one topic to the next. If you discuss 17 topics, how surprising would it be to find that you match on at least one of them? (Round your answer to four decimal places.) 4. Name two nineteenth century scientists-one who developed the laboratory burnerin common use today, and the other who studied the spectra of colored flamesproduced by a variety of elements, 100 POINTS PLEASE HELP ASAP!!!!!!!Tina says that an article is biased against teens who do not work. What statement below is textual evidence to strongly support what she believes?A. Statistics in the city show that 51% of teens there have an after school job.B. I cant find a job I like, Rachel Smith, a high school junior reported. So what can I do?C. The teen recreation center reports that over 100 teens were in attendance last Friday night.D. Kids need to get an afterschool job, Mayor Dixon said. Otherwise they all just hang out. A particle with charge q and kinetic energy KE travels in a uniform magnetic field of magnitude B. If the particle moves in a circular path of radius R, find expressions for its speed v and its mass m. (Use any variable or symbol stated above as necessary.) (a) expression for its speed (Do not use m in your answer.) v = (b) expression for its mass (Do not use v in your answer.) m = Dakota believes that Credit Services Corporation (CSC) has discriminated against her on the basis of gender. She files a suit against CSC under the Civil Rights Act of 1964. To establish a prima facie case of employment discrimination, Dakota must show that: how much electrical energy is used by a 400 W toaster that is operating for 5 minutes? A uniform plank of length 5.0 m and weight 225 N rests horizontally on two supports, with 1.1 m of the plank hanging over the right support. To what distance x can a person who weighs 522 N walk on the overhanging part of the plank before it just begins to tip?