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Novosadov [1.4K]
2 years ago
9

_______ authority emphasizes that Federal disaster assistance is intended to supplement, not supplant, the resources of State, l

ocal, and private-sector organizations.A. Executive Order 12127B. Executive Order 10427C. Sandy Recovery Improvement Act of 2013D. Post-Katrina Emergency Management Reform Act of 2006
Business
1 answer:
klio [65]2 years ago
5 0

Answer:

B. Executive Order 10427 authority emphasizes that Federal disaster assistance is intended to supplement, not supplant, the resources of State, local, and private-sector organizations

Explanation:

An executive order is a directive issued by the President of a sovereign state that has the full backing of the law. It is always directed to the executive arm of the government. An executive order has a legal and constitutional basis and therefor enforceable. There are many executive orders that have been signed by the United States for various reasons depending on the purpose and the president who signed the order into effect. An example of such order is the Executive Order 10427.

The Executive Order 10427 was signed into effect on the 16th of January 1953 by then President Harry. S. Truman. The order is titled, 'Administration of Disaster Relief.' The report in general gave the authority to the federal agencies to offer disaster assistance to those affected by natural disasters. In section six of the Executive order, it elaborates the nature of administration of the Executive order. The section quotes,"Federal disaster relief provided  under the act shall be deemed to be supplementary to relief afforded by State, local, or private agencies and not in substitution therefor."

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Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
Olenka [21]

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

Debit : Cash  $16,200

Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

6 0
3 years ago
John is an art dealer with special expertise in modern art. Rachel comes to John's gallery to purchase a modern art painting as
lubasha [3.4K]

Answer:

Puffery

Explanation:

Puffery refers to making hefty claims regarding product attributes and traits which represent a subjective and not objective view. Such claims are not backed by valid reasoning or valid evidences and facts.

In the given case, the art dealer claims his products being of high quality and appreciating over the period of next ten years. Such claims cannot be substantiated by any concrete evidence. As value cannot be ascertained in advance.

3 0
3 years ago
Why are financial intermediaries willing to engage in information collection activities when investors in financial instruments
d1i1m1o1n [39]

Answer:

C. Banks make private​ loans; their conclusions on who is creditworthy are not made public.

Explanation:

Investors in financial instruments who engage in information collection face a free-rider problem, which means other investors may be able to benefit from their information without paying for it.

Individual investors, therefore, have inadequate incentives to devote resources to gather information about borrowers who issue securities.

4 0
3 years ago
With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.
SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

Read more about free trade

brainly.com/question/10608502

#SPJ1

4 0
1 year ago
The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales a
alukav5142 [94]

Answer:

3.020

Explanation:

Morrit Corporation

interest amount = $1,080,000*.11 = $118,800

Net profit = 3% *$6,000,000= $180,000

Net profit + tax = profit before tax =

180000/.75 = 240000

Profit before tax + Interest = Earning before interest and tax

= $240,000+$118,800 = $358,800

TIE ratio= EBIT/Interest = $358,800/118,800

= 3.020

Therefore the TIE ratio is 3.020

7 0
3 years ago
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