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3 years ago

Why would a construction manager require fall guards to be installed in a high-rise construction project?

Business

1 answer:

stellarik [79]3 years ago

4 0

Answer:

to comply with Occupational Safety and Health Administration (OSHA) procedures

Explanation:

OSHA is occupational safety and health administration. OSHA is mandated to publish and enforce regulations that safeguard employees' health and safety in the workplace.

Fall guards are elected in high places to prevent employees from falling to the ground. They are safety measures that employers have to put in place to prevents accidental falls and subsequent injuries. Fall guards in a high place are one of the OSHA requirements.

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Jeremy operates a business as a sole proprietorship. The proprietorship uses the cash method of accounting. He decides to incorp

ollegr [7]

Answer:

$13,000

Explanation:

Given that:

Jeremy operates a business as a sole proprietorship which uses a cash method of accounting. Now he is planning transfer them into a new corporation in exchange for its stock.

The assets are :

$10,000 of accounts receivable with a zero basis

have a basis of $20,000 and an FMV of $40,000

Liabilities

payable of $12,000

The note payable on medical equipment is $7,000.

Therefore , Jeremy's basis for his stock is : $20,000 -$7,000 = $13,000

since that will reduce the basis by amount of the note payable.

The liabilities payable will be deducted and taken care of by the corporation.

8 0

3 years ago

Legislation requires that all non-salaried employees who work more than 40 hours a week be paid over-time for the week. This leg

egoroff_w [7]

This legislation is called the Fair Labor Standards Act.

This act gives rights to United States workers. Among these rights are child labor laws, the requirement of employers to pay overtime to workers who work over 40 hours per week and also sets a minimum wage that must be paid to employees.

5 0

3 years ago

Read 2 more answers

Which of the following is not a characteristic of intangible assets?(a)They lack physical existence.(b)They are not financial in

AysviL [449]

Answer: Option C

Explanation:

A. Assets with physical existence are called tangible assets.

B. There are several financial instruments that lacks physical substance but are not considered as intangible assets.

C. Intangible assets can be either long term or short term.

D. Only those intangible assets that have definite lives are amortized, others with indefinite life are not.

4 0

4 years ago

Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollec

inysia [295]

Answer:

1. Estimate the appropriate 12/31/2021 balance for Dhaliwal’s allowance for uncollectible accounts.

$19,905 credit balance

2. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts?

December 31, 202x, adjustment of bad debt expense

Dr Bad debt expense 45,605

Cr Allowance for uncollectible accounts 45,605

= $19,905 + $25,700 = $45,605

Explanation:

Accounts not yet due = $104,000; estimated uncollectible = 15%. ⇒ bad debt = $104,000 x 15% = $15,600

Accounts 1–45 days past due = $14,400; estimated uncollectible = 20%. bad debt = $14,400 x 20% = $2,880

Accounts more than 45 days past due = $5,700; estimated uncollectible = 25%. bad debt = $5,700 x 25% = $1,425

total bad debt expense = $15,600 + $2,880 + $1,425 = $19,905

7 0

3 years ago

An open market operation is the purchase or sale of _____ - _____ - by the _____ in the open market.

Natali5045456 [20]

An open market operation is the purchase or sale of government securities by the Federal Reserve System in the open market.

What are open market operations?

The Federal Reserve uses open marketplace operations (OMOs), that are important banks' purchases and income of securities at the open marketplace, as a key device for wearing out financial policy.
The Federal Open Market Committee establishes the short-time period intention for open marketplace operations (FOMC).

What is an open marketplace purchase?

The buying or promoting of stocks in a agency through insiders is called an open-marketplace transaction.
An insider should report the important office work with the SEC earlier than carrying out an open-marketplace transaction which will follow insider buying and selling regulations.

Learn more about open market operations

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4 0

2 years ago