1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zanzabum
3 years ago
14

The emergency planning process includes the following steps: (1) Form a collaborative planning team; (2) Understand the situatio

n; (3) ________; (4) Develop the plan; (5) Prepare, review, and get approval; and (6) Implement and maintain the plan. Select the missing Step 3 from below:
Business
1 answer:
ddd [48]3 years ago
7 0

Answer:

The correct answer to the following question is Determine the goals and objectives .

Explanation:

The third step in the emergency planning process is of determining the goals and objectives . It s very important that goals and objectives are set , in order to ensure that they will support in accomplishing the plan and other operational priorities. Goals should be clearly defined , so that the desired result can be achieved. Setting the goals indicate the solutions that planners have find to counter the problem . And objectives are the actions that will be required to perform to achieve the defined goals.

You might be interested in
Situation 1: A company offers a one-year warranty for the product that it manufactures. A history of warranty claims has been co
mr_godi [17]

Answer:

Please find the detailed explanation below.

Situation 1 and 2 have disclosure while situation 3 does not require any disclosure.

Explanation:

Situation 1. Accrual. The one-year warranty has created what is known as contingent liability. Contingent liability is a type of liability that is dependent on the outcome of some specific actions which has happened in the past. The eventual liability may or may not happen. But since the probable claim from the one-year warranty has been determined, it should be disclosed. But if the claim cannot be determined, it shouldn't be disclosed.

Situation 2. Since this contract happened before the issuance of financial statement and the amount of loss from this contract can be reasonably estimated or determined, then it must be disclosed and the likely amount must also be disclosed. This disclosure will be under 'note to the financial statement'.

Situation 3. This is a self insurance and self insurance is not an insurance. There is no contingent liability in this situation. Also, there is no accident, no injury. Hence, this is no disclosure here.

4 0
4 years ago
After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income pol
Andrej [43]
A premium will be waived
7 0
3 years ago
In its 2021 income statement, Cohen Corp. reported depreciation of $3,700,000 and interest revenue on municipal obligations of $
ella [17]

Answer:

The correct answer is $300,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the difference in depreciation,

So, difference in depreciation = $5,500,000 - $3,700,000 = $1,800,000

As, Depreciation is for 3 years,

So, depreciation per year = $1,800,000 ÷ 3 = $600,000

Now, we can calculate the deferred income tax liability as follows:

Deferred income tax liability = $600,000 × 20% + $600,000 × 15% + $600,000 × 15%

= $120,000 + $90,000 + $90,000

= $300,000

5 0
3 years ago
Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?
snow_lady [41]

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

5 0
3 years ago
Income smoothing refers to: a. the ability of management to use accruals to reduce the volatility of reported earnings over time
svetoff [14.1K]

Answer: The correct answer is "a. the ability of management to use accruals to reduce the volatility of reported earnings over time.".

Explanation: Income smoothing refers to <u>the ability of management to use accruals to reduce the volatility of reported earnings over time.</u>

The smoothing of earnings is a practice that consists in reducing fluctuations in recognized income and, therefore, fluctuations in earnings. That is, the smoothing of earnings implies saving income in bonanza times to recognize them accountingly when income is meager.

6 0
3 years ago
Other questions:
  • What type of residential survey, also called a drive-by survey, is designed to show the location of the house and other large st
    12·1 answer
  • The following selected transactions relate to liabilities of Chicago Glass Corporation for 2016. Chicago's fiscal year ends on D
    10·1 answer
  • It’s been a year since Roland started a small retail business. His only supplier went bankrupt after a few months. Roland’s busi
    5·2 answers
  • Bob and Tom are two criminals who have been arrested for burglary. The police put Tom and Bob in separate cells. They offer to l
    10·1 answer
  • The following are several of the accounts from a recent balance sheet.
    12·1 answer
  • Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
    13·1 answer
  • Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $
    8·1 answer
  • Morris is a software engineer for a manufacturer. He wrote a program for the accounting department. During the testing phase, he
    11·1 answer
  • Match the method of exchanging information with its description
    5·1 answer
  • ( b ) explain five circumstances under which a high population growth may be desirable ​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!