The damages to personal residence from hurricane in a federal disaster area would produce a deductible loss in 2022.
<h3>What losses are deductible under business?</h3>
The deductible loss must have occurred within the tax year and not have been covered by insurance. If the taxpayer suffers a loss due to a casualty or theft of their personal, household, or living property, the loss must be the consequence of an identifiable, harmful, swift, unexpected, and unusual event.
The loss must be ancillary to the operation of the assessor's business and must result directly from, grow out of, or be related in some way to that activity. No restriction on its deductibility should be stated in the Income Tax Act's requirements.
To learn more about deductible loss, visit:
brainly.com/question/13846176
#SPJ1
<u>Brenda will advise the new employees to avoid interpreting in another's actions until you know the full story</u>
Explanation:
As mentioned in the question that Brenda is a employee orientation trainer for a global corporation and she is asked to address the new recruits and to convey information that will help them in communicating across the culture.
Brenda's advise on dealing with individuals of other culture is that one should not have pre conceived notion about an individual or their culture and in case of a conflict one should not act in a bias manner rather should display the patience of listening to the story from both the ends and then arrive at a conclusion.
so it can be said that <u>Brenda will advise the new employees to avoid interpreting in another's actions until you know the full story</u>
According to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 breached the Fed's primary mandate, and worsened the financial crisis of 2008.
<h3>What caused the Lehman Brothers' failure?</h3>
The main cause of the failure of Lehman Brothers Investment Bank was its involvement in the subprime mortgage market.
Lehmann Brothers recorded unprecedented loss due to the 2008 subprime mortgage crisis.
The investment bank held onto large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages.
Thus, according to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 was a terrible decision because its failure breached the Fed's primary mandate, and worsened the financial crisis of 2008.
Learn more about Lehman Brothers' Failure at brainly.com/question/7550583
#SPJ1
Answer:
Cost of goods sold= $28,900
Explanation:
Giving the following information:
Beginning inventory= 1,550 units at $18
February= 1,800 units at $17
March= 850 units at $19
Xu sells 1,600 units during the quarter.
To calculate the cost of goods sold under LIFO (last-in, first-out) we will use the cost of the last units incorporated to inventory:
Cost of goods sold= 850*19 + 750*17= $28,900
Answer: meeting or exceeding budget
Explanation:
The options include:
a. Meeting or exceeding budget
b. Ethical considerations
c. Innovation and learning
d. Employee motivation
Corporate social responsibility simply refers to the responsibility of organizations to the society. It is when companies contribute to the goals of the society at large by engaging in charitable deeds or supporting practices that are environmental friendly or ethically viable.
The motivator that drives organizations to engage in corporate social responsibility include ethical consideration, employees motivation, innovation and learning etc.
Therefore, the option that doesn't motivate companies to engage in corporate social responsibility is meeting or exceeding budget.