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Answer:
Select the correct statement concerning LIFO liquidations from the following.
a. LIFO liquidations often distort net income and may result in substantial tax payments.
b. LIFO liquidations seldom distort net income and do not result in substantial tax payments.
c. LIFO liquidations often distort net income and do not result in substantial tax payments.
d. LIFO liquidations seldom distort nets income and may result in substantial tax payments.
Explanation:
LIFO liquidation refers to the practice of selling or issuing of older merchandise stock or materials in a company's inventory. Therefore, under the LIFO method, the latest purchased or produced goods are removed and expensed first. And so, the old inventory costs remain on the inventory valuation method.
Answer: <em>Option (A) is correct.</em>
Explanation:
In discipline such as sociology, socialization is referred to as the process of internalizing ideologies and norms of the society. Socialization mostly encompasses learning and teaching thus is considered as the way through which cultural and social continuity can be attained. Socialization tends to be strongly inclined towards the developmental psychology.
The city of Bologna is the answer.
The one shortcoming of all four theories (market-oriented, dependency, world-systems, and global commodity chains) of global inequality is that The theories underemphasize the role of women in economic development.
<h3>What is global inequality?</h3>
Since many decades ago, inequality has increased all throughout the world. There are now fewer people in several nations who are extremely poor. However, as the richest people gain new levels of wealth, economic gaps have continued to widen. The United States is by far the most affluent among industrialized nations, with the richest 1 percent of citizens receiving the largest proportions of the nation's wealth and income.
<h3>What is women economic inequality?</h3>
Women do the lowest-paying jobs globally. They earn 24 percent less than males do globally, and it will take 170 years to close the pay gap at the current rate of development. There are 700 million fewer women employed than men worldwide. Poor quality of work.
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