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3 years ago

Which of the following statements is NOT true about lockout/tagout?

1 answer:

3 0

<span>Which of the following statements is NOT true about lockout/tagout?
D. Lockout/Tagout is to be used only in extreme cases of potential electrical hazard
D is not true because you would use a lockout/tagout when applying electricity in a way that could be dangerous. Due to being able to use it whenever it could be dangerous, it is used more than just in extreme cases.
</span>

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Mary decides to produce and sell apple juice. She leases an apple orchard and renovates her kitchen to produce and bottle the ap

jonny [76]

Answer: D - entrepreneurship

Explanation: there are 4 factors of production:

1. Land- it refers to all the natural resources used in the production process.

2. Capital- they are also known as capital goods. They are man's creations used in the production process.

3. Labour- it is the work done by humans in the production process

4. Entrepreneurship- it is the individual who had the idea for the business.

In the above question, Mary is the entrepreneur. The employees are labour. The orchid and kitchen is the land.

3 0

3 years ago

Sparrow Corporation (a calendar year, accrual basis taxpayer) had the following transactions in 2019, its second year of operati

Vanyuwa [196]

<u>Solution and Explanation:</u>

Taxable income $330,000

Federal income tax liability paid (69,300 )

Tax-exempt interest income 5,000

Disallowed portion of meals and entertainment expenses (1,500)

Life insurance premiums paid, net of increase

In cash surrender value (3,500 minus 700) = (2,800)

Proceeds from life insurance policy, net cash

Surrender value (130,000 minus 20,000) 110,000

Excess capital losses (13,000)

Expenses (26,000 minus 16,000) 10,000

Allowable portion of 2013 SS 179

Expenses (20% multiply with 25,000) (5,000)

Dividends received deduction (70% multiply with $35,000) 24,500

LIFO recapture adjustment 10,000

Installment sale gain $(40,000-32,000) / 40,000 * 15,000)$ (3,000)

$394,900

6 0

4 years ago

In the needs assessment process, organizational analysis involves identifying:________. 1. the conditions under which tasks are

Step2247 [10]

Answer:

Option "2" is the correct answer to the following statement.

Explanation:

Institutional research in the requirements assessment process includes determining the training and learning resources accessible.

Employee preparation for practice requires determining if the working environment of a company can promote learning, rather than conflicting with employee performance.

Therefore, option "2" is correct.

4 0

4 years ago

Assume that a country experiences a reduction in productivity that shifts the labor demand curve downward and to the left. If th

pishuonlain [190]

Answer:

The correct answer is b. no change in the real wage and a rise in unemployment.

Explanation:

If the real wage were rigid then the real wage would not change although unemployment would increase. Unemployment would increase due to that the demand labor would have decreased therefore widening the gap between demand for labor and supply for labor which is unemployment.

8 0

4 years ago

Read 2 more answers

The following trial balance of Reese Corp. at December 31, 2020 has been properly adjusted except for the income tax expense adj

charle [14.2K]

Answer: $50,55,000

Explanation:

Cash = $875,000

Accounts receivable = $2,695,000

Quarterly installments = $150,000 × 4 = $600,000

Inventory = $2,085,000

The current assets:

= Cash + [Accounts receivable - (quarterly installments)] + Inventory

= $875,000 + [$2,695,000 - ($150,000 × 4)] + $2,085,000

= $50,55,000

Therefore, the total current assets of a company is $50,55,000.

8 0

4 years ago