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:
Don’t know what to put here-
Explanation:
the government influences economic activity through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exerts its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.
At its heart, the Scopes Trial was a clash between <u>"religion and science".</u>
Scopes trial, Tennessee legal case including the instructing of advancement in state funded schools. A rule was passed (Mar., 1925) in Tennessee that precluded the educating in state funded schools of speculations in opposition to acknowledged understanding of the scriptural record of human creation.
Scopes was indicted, incompletely in light of the guard, which declined to argue any of the specialized protections accessible, dreading an absolution on a specialized as opposed to an established premise. Scopes was, however, later discharged by the state preeminent court on a detail.
Answer: the correct answer is the United Nations
Explanation: The Unined Nations' security Council is composed of 15 Members: Five permanent members: China, France, Russian Federation, the United Kingdom, and the United States, and ten non-permanent members elected for two-year terms by the General Assembly (with end of term year): Belgium (2020) Côte d'Ivoire (2019). The council's five permanent and ten elected members meet regularly to assess threats to international security, addressing issues that include civil wars, natural disasters, arms control, and terrorism.
The United Nations member states are the 193 sovereign states that are members of the United Nations (UN) and have equal representation in the UN General Assembly. The UN is the world's largest intergovernmental organization.
As it gave easy transport at the time as it was much faster than horse