Answer:
FALSE
Explanation:
The LIFO conformity rule requires taxpayers that elect to use LIFO for tax purposes to use <u>no method other than LIFO to ascertain the income, profit, or loss for the purpose of a report or statement to shareholders, partners, or other proprietors, or to beneficiaries, or for credit purposes</u>.
Hence the IRS requires that the same method for income tax purpose be used for financial statement purpose
Answer: The correct answer is "c. Cost effectiveness".
Explanation: This type of analysis is the most used in the field of health where it is inappropriate to monetize the effect on health and will allow the company to compare costs related to the results of different courses of action.
When a person insured under a disability income insurance policy cannot, for limited period of time, perform all functions of his or her regular job duties, this is known as <u>Residual disability or Partial disability.</u>
"Residual disability" is the inability to do one or more job duties or to execute them as regularly as previously, along with a loss of pre-disability income.
Residual disability policies compensate based on lost income. These insurance offer benefits if you can work part-time and aren't entirely disabled. The benefit is dependent on your part-time income compared to your full-time salary.
Depending on the policy, a person receiving residual disability payments may receive a reduced benefit or none at all if her monthly income exceeds a specific proportion of pre-disability income. Some programs require entire disability before granting residual disability benefits. You can buy a residual policy as a stand-alone income replacement policy or as a rider on a total disability policy. Income replacement is cheaper than total disability. Partial and residual disability insurance are comparable. Both pay benefits if you can accomplish some job requirements.
To know more about Partial/Residual disability refer to:
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Considering the demographic information analysis, the Census data available at the United States Census Bureau website are an example of "<u>public information."</u>
<h3>What is Public Information?</h3>
Public Information is a term that is used to describe any information that is made available to the public regardless of the nature or format of the information.
<h3>Census Data as a Public Information</h3>
Given that Census data are posted to the United States Census Bureau website where anybody from anywhere in the world can access the information, this is an example of Public Information.
Hence, in this case, it is concluded that the correct answer is option D.<u> </u><u> </u>Public Information.
Learn more about Public Information here: brainly.com/question/2177649
