The cumulative difference between reporting inventory at LIFO rather than FIFO is commonly referred to as the LIFO reserve
<h3>What is
LIFO reserve?</h3>
Generally, LIFO reserve is an accounting term that represents the difference between the cost of inventory calculated using the first-in, first-out (FIFO) method and the cost calculated using the last-in, first-out (LIFO) method for the purposes of bookkeeping.
In conclusion, The LIFO reserve is a term that is widely used to refer to the accumulated discrepancy that results from reporting inventory using the LIFO method rather than the FIFO method.
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Answer:
Sheryl Hansen
T- Accounts
Cash
Account Titles Debit Credit
a. Sheryl Hasen, Capital $3,100
b. Equipment $500
d. Accounts Payable 300
e. Sheryl Hasen, Drawings 700
Sheryl Hasen, Capital
Account Titles Debit Credit
a. Cash $3,100
Equipment
Account Titles Debit Credit
b. Cash $500
c. Accounts Payable 800
Accounts Payable
Account Titles Debit Credit
c. Equipment $800
d. Cash $300
Sheryl Hasen, Drawings
Account Titles Debit Credit
e. Cash $700
Explanation:
a) Data and Analysis:
a. Cash $3,100 Sheryl Hasen, Capital $3,100
b. Equipment $500 Cash $500
c. Equipment $800 Accounts Payable $800
d. Accounts Payable $300 Cash $300
e. Sheryl Hasen, Drawings $700 Cash $700
Answer:
<em>James did not like the fact that he had no input in his productivity goal. Because of this, his </em><em><u>Goal acceptance</u></em><em> was low and he did not take it as seriously as if he had set the same goal himself. </em>
Goal acceptance refers to the willingness of an individual to receive or consent internally to a certain goal. It is usually higher when the individual is contributes to the setting of the goal and it is low here as James did not have any input into it.
<em>Carol always tries extremely hard to reach her performance goal. She takes it personally when she falls short, which rarely happens because she is so dedicated to reaching it. Carol's </em><em><u>Goal commitment</u></em><em> is high.</em>
Goal commitment refers to how much dedication and effort a person puts into meeting an objective. Carol puts a lot of effort into achieving her goals so her Goal commitment is high.
<em>After organizational and subsidiary goals are set, each manager meets with each subordinate to explain the unit goals to the subordinate. Together the two determine how the subordinate can contribute to the unit's goals most effectively. This is called </em><u><em>Management by objectives.</em></u>
Management by Objectives is a type of management that works by making sure that employees understand the goals that management set. It works by management and employees working together to find out how best employees can meet the goals set.
Is Brainly plus like a premium to this or what it is
The competitive situation that cable television are most associated with is pure competition.
<h3>Who are the cable television providers?</h3>
The T.V. providers are companies who offers the product of Satellite transmission television program. These providers faced a high competition in the cable tv industries.
Hence, the competitive situation that cable television are most associated with is pure competition.
Therefore, the Option C is correct.
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