Safety regulation loophole is responsible for closing the regulatory loophole, having an emergency plan, trying to have safety culture for every pipeline to avoid the disaster.
<u>Explanation:</u>
Senator Ed Markey is a member of commerce, science and the transport committee. He had the jurisdiction over the pipeline and hazardous material safety administration. According to him the safety regulatory loophole was very important and was responsible for avoiding the disasters like what happened in Merrimack valley.
He said that it is very important for every pipeline company to have a safety culture, to have an emergency response plan in case of any disaster or mis happening. There should be pipeline safety act with the toughest rules on it, that every pipeline company would have to follow, to avoid any kind of the disaster
Answer:
- Entry for Establishing Petty cash fund:
Dr: Petty Cash $ 229
Cr: Cash/bank $229
- Entry for Expense paid out of Petty cash:
Dr: Office Supplies $ 95
Dr: Misc Expense $ 120
Cr: Petty Cash $ 215
- Entry for Reimbursement of Petty cash fund:
Dr: Petty Cash $ 0
Cr: Cash/Bank $ 0
No entry is required at the moment as the petty cash fund balance after the transactions is not below $11 which is the reimbursement limit ($229-$95-$215 = $14)
Explanation:
A petty cash fund is a fund established within an entity in order to pay out day to day small expenses out of expenses. It is recognized as an current asset when initially set up and slowly expense out as soon as the money is taken out from it for a specific expense.
Examples: Petty cash payment can be used for below small expenses:
- Postage and stationery
- Meals and entertainment
- Office Supplies
- Conveyance Allowance
- Sundry Expenses etc.
Answer:
Costos directos
Explanation:
El costo directo es aquel en el que se incurre durante la producción de bienes terminados y este costo está directamente asociado con los bienes fabricados. Este costo se agrega al valor de los productos finales terminados y luego se agregan otros costos indirectos y costos fijos a los productos terminados según la tasa de absorción.
Answer: 1) 50 cents 2) they can trade with each other
Explanation of question 1
Ratio of dollars to francs
1: 1.5
The chocolate costs 0.75 francs. Divide 1.5 by 0.75 to find the multiplier in the ratio which is 2. Divide $1 by 2 to get 50 cents
