Answer:
b) income statement as a $2,320,000 cumulative effect of accounting change
Explanation:
Base on the scenario been described in the question, The change in inventory steps to FIFO from LIFO which made an increase in Inventory should be recorded in the retained earnings statement as a $2,320,000 addition to the beginning balance. Option b is the answer
Answer:
Option (D) is correct.
Explanation:
There is a change in the value of the dollar with the change in the value or purchasing power of the other nation's currency. This means that there is a direct or positive relationship between the value of the dollar and the value of the other nation's currency. It is known as the exchange rate. Exchange rate is the rate at which goods are being traded between the nations.
Answer:
B. Employers
Explanation:
Under the Occupational Safety and Health Administration (OSHA) laws; it is the employer's responsibility to provide employees with a safe workplace. To ensure employees are safe, OSHA has issued employers with rules, which include.
- Provide a workplace free of any dangers
- Examine workplace to make conditions are safe for working
- Ensure employees have and are using personal protective equipment. PPE
- Make sure employees have and make use of safe tools and equipment. The tools should be properly maintained at all times.
- Ensures employees are well trained on safety measures
- Use color codes and sign to mark dangers areas.
Based on OSHA regulations, the employer should not only provide the ladder but should also make sure it well maintained.
The correct answer (in Florida, could be different in other places) is 200 feet.
Long term goals often are a bigger achievement that you may have to prepare for or wait to achieve, short term goals are more achievable and can be done in a quicker time.
