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:
Removing stress which is an effective coping method
Explanation:
After being promoted to department head, Bill found the job to be uncomfortable and highly stressful. He gets drunk frequently and imagines himself working in a better job. Bill used "Removing stress which is an effective coping method" by getting himself drunk frequently and imagines himself working in a better job.
Dewey Decimal and Library of Congress refer to library classification systems. The Dewey Decimal system is a library classification system created in 1876. The Library of Congress is a research library that is officially for the United States Congress, but is the de facto national library of the United States.
Tenure of office act prohibit president from dismissing official unless he has the congress back up
The primary reason why the Articles o Confederation were adopted were because states were very much independent and didn't want a central power controlling them. This became unsustainable however when it came time to pay back war debts. Then came the Constitution.
