Answer:
Select the correct statement concerning LIFO liquidations from the following.
a. LIFO liquidations often distort net income and may result in substantial tax payments.
b. LIFO liquidations seldom distort net income and do not result in substantial tax payments.
c. LIFO liquidations often distort net income and do not result in substantial tax payments.
d. LIFO liquidations seldom distort nets income and may result in substantial tax payments.
Explanation:
LIFO liquidation refers to the practice of selling or issuing of older merchandise stock or materials in a company's inventory. Therefore, under the LIFO method, the latest purchased or produced goods are removed and expensed first. And so, the old inventory costs remain on the inventory valuation method.
According to neuroscientists, only about 5 percent of our brain controls feelings and thoughts.
Other things that we do such as
- Taking decisions
- Our emotions
- our behaviors
Are dependent on other percentages and these goes beyond our consciousness.
<h3>What are behaviors?</h3>
These are the actions or the way that a person acts. Certain characteristics that a person has would make him to behave in a certain way.
Read more on behaviors here:
brainly.com/question/1741474
The answer is
if the police has a search warrant.
