False. Employees must be notified by the supervisor about the beginning of a lockout/tagout procedure.
- Lockout and tagout are work procedures that ensure that safety is maintained for employees, especially during equipment repairs or maintenance.
- Lockout involves ensuring that the operation of a machine or process is in a safe mode by isolating energy from the system.
- Tagout is a labeling that ensures that warnings are issued to employees during a lockout so that a machine or process is not re-energized until the repair or maintenance is complete.
Thus, it is FALSE that employees will not be notified that a lockout/tagout is about to commence.
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It is unhelpful and non-beneficial because always using cash will result in you having no credit history so banks would not be able to see how reliable you are in paying back a loan
Answer:
Interest Expense 696 Interest Payable 696
Explanation:
Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:
December 31, 2022
Dr Interest Expense $696
Cr Interest Payable $696
($34800*8%*3/12)
(To record interest expense accrued)
Answer:
Increases in productivity allow firms to produce greater output for the same level of input, earn higher revenues, and ultimately generate higher Gross Domestic Product.
Explanation:
Answer:
D) $0
Explanation:
The insurance company paid $250,000 to Grant to cover the loss of his house and that amount was 100% of the fair market value of the house. To calculate any casualty gain or casualty loss the money received form the insurance company should have been either larger or smaller than the fair market value of the house.
