All categories

3 years ago

4. The three NIMS guiding principles are:

Business

1 answer:

lubasha [3.4K]3 years ago

3 0

Answer: (B) Flexibility, standardization, unity of effort.

Explanation:

The NIMS stand for the national incident management system and it basically provide the proactive and the systematic approach for guiding the all the level of organization such as government and the non-government department.

The main purpose of the NIMS is that it help in evaluate an approach by developing the command system and also minimize the impact of the business operation.

The three main NIMS principle are as follows:

Flexibility,
Standardization
The unity of efforts

You might be interested in

g Marginal revenue product (MRP) of labor refers to the: A. amount by which a firm's total resource cost increases when it emplo

UNO [17]

Answer:

Explanation:

Marginal revenue product (MRP) is the change in total revenue when one more unit of a resource is employed.

For example :

Units of labour Revenue

1 100

2 200

The MRP of employing 2 units of labour = (200 - 100) / (2 -1) = 100

7 0

3 years ago

A company incurs advertising costs of $10,000. The company's three selling departments have the following sales: Department 1—$1

erik [133]

Answer:

The amount of advertising allocated to:

Department 1: $1,250

Department 2: $3,750

Department 3: $5,000

Explanation:

Total sales of the company = Sales of Department 1 + Sales of Department 2 + Sales of Department 3 = $10,000 + $30,000 + $40,000 = $80,000

Percent of sales of three selling departments:

Department 1 = ($10,000/$80,000)x100% = 12.5%

Department 2 = ($30,000/$80,000)x100% = 37.5%

Department 3 = ($40,000/$80,000)x100% = 50%

Advertising is allocated based on percent of sales. The amount of advertising allocated to:

Department 1 = 12.5% x $10,000 = $1,250

Department 2 = 37.5% x $10,000 = $3,750

Department 3 = 50% x $10,000 = $5,000

5 0

3 years ago

The Assembly Department produced 1,000 units of product during March. Each unit required 1.25 standard direct labor hours. There

frutty [35]

Answer:

Debit Work in process for $15,625

Debit Direct labor time variance for $625

Credit Direct labor rate variance for $650

Credit Wage payable for $15,600

Explanation:

Before preparing the journal, the following calculations are done first:

Wage payable = Actual hours * Actual rate per hour = 1,300 * $12 = $15,600

Direct labor time variance = (Actual hours - Standard hours) * Standard direct labor rate = (1,300 - (1,000 * 1.25)) * $12.50 = $625 Unfavorable

Note: Direct labor time variance is Unfavorable because Actual hours is greater than Standard hours.

Direct labor rate variance = (Actual rate - Standard rate) * Actual hours = ($12 - $12.50) * 1,300 = -$650 Favorable

Note: Direct labor rate variance if Favorable because Actual rate is lower than the Standard rate.

Work in process = Wage payable + Absolute value of direct labor rate variance - Direct labor time variance = $15,600 + $650 - $625 = $15,625

The journal entries will now look as follows:

Date Particulars Debit ($) Credit ($)

Mar. 31 Work in process 15,625

Direct labor time variance 625

Direct labor rate variance 650

Wage payable 15,600

(To record the direct labor in the Assembly Department.)

4 0

3 years ago

Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preced

lys-0071 [83]

Answer:

b.the statement is invalid because the nominal

Explanation:

pa brainliest po

6 0

2 years ago

On January 1, 2018, Jolley Corp. paid $250,000 for 25% of the voting common stock of Tige Co. On that date, the book value of Ti

shusha [124]

Answer:

Dr. Investments in Associates 250,000

Cr. Cash 500,000

Dr. Cash 10,000

Cr. Investments in Associates 10,000

Dr. Investments in Associates 50,000

Cr. Investment revenue 50,000

Explanation:

The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.

An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.

- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.

- Jolley records the net income from Tige Co. as an increase to its Investment account.

4 0

3 years ago