answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yulyashka [42]
2 years ago
12

Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:

Business
1 answer:
nignag [31]2 years ago
7 0

Answer:

LIFO conformity rule.

Explanation:

LIFO refers to the Last in first out method. In this inventory system, the firm sells last units at first stage and then sells according to that

According to the given situation,  the LIFO conformity rule requires that the taxpayer follow the same inventory cost flow as used for tax reporting purposes in the financial statement.

Therefore the correct answer is LIFO conformity rule.

You might be interested in
Please consider that regional airline and a furniture manufacture each generate annual revenue of $120 million and earn net inco
Nady [450]

Answer:

The regional aircraft will presumably have a higher break-even point the original investment point than a furniture maker in light of the fact that the majority of a carrier's expenses are fixed . It is imperative to take note of that despite the fact that the two organizations report indistinguishable income and total compensation figures, their equal the initial investment focuses will probably contrast fundamentally due to contrasts in their cost structures.

7 0
2 years ago
Wally and Sally want to go into business together and plan on offering a tutoring service to high school and college students. W
sashaice [31]

Answer:

A. Yes, because the corporation would be required to pay tax on its profits, and the shareholders would also be required to pay taxes on dividends

4 0
2 years ago
Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $26,000
dexar [7]

Answer:

Fixed Cost = $10,000

Variable Costs = $90,000

Explanation:

Variable Cost per unit = $72,000 ÷ 12,000

                                      = $6

Variable Costs at 15,000 units = $6 x 15,000

                                                   = $90,000

Fixed Cost (given) = $10,000

8 0
1 year ago
A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products
Tamiku [17]

Answer:

A. Product A, because it has less certain demand.

Explanation:

According to the statement, the product X (A) is the one with the highest proportion of standard deviation, that is, it has a more uncertain demand. Taking into account this condition, it is expected that the number of optimal products will be greater because it has an average and critical relationship. For this reason, it is expected that the news seller will lean towards the first product, since it will generate higher income as explained at the beginning.

5 0
2 years ago
Read 2 more answers
You are a newly hired operations manager for Hospital XYZ. You are required to:
Sergeu [11.5K]

Answer:

Follows are the solution to this question:

Explanation:

follows are the tasks, which is not in the priority order and at hand at Hospital XYZ:

HR domain: share the latest recruitment procedures throughout the emergency department of public health.

Operations: nurse staffing methods for function or treatment.

Funding: Review financial requests for both the purchase of new protections on wax surfaces by protection from the environment.

IT: IT reviews complaints regarding a possible breach of information.

IT: Study application in the physician's office for the implementation of new technology.

If valuing such activities, it should remember, that this patient (client) becomes impacted mainly. The clinicians or staff involved in Tasks 1 & 2, because Task 2, the very first priority must be considered, and also some standards must be developed, by each nurse, with remote care issues.

Information from its daily client is provided to control the staff, and a specific training program is intended for both the newly employed and negative feedback staff.

Respondents-Patients, Professions

Task 1, which directly affects the daily quality of service in a hospital, should be the secondary priority, with such a smaller shortage of hospitals due to customer dissatisfaction.

Members – Patients, medical personnel, permanent employees, doctors.

Task 4 When information violation is alleged, the third priority should to the loss of important patient data to certain other entities that may use for financial gains.

Participants – IT department, patients.

Task 3 will help its hospital cleaner if funds are required to purchase new buffers. Especially in comparison with all the above 3 tasks, it was taken as the fourth priority.

It was important, and that does not affect mostly the client nor would it impact the level of service as large as the three tasks above.

Advisor position-representatives of finance, environment protection, clean folk (sweepers). advisor position

Task 5 Its latest radiology software review application is now to be approved as the last. It indicates why old software is already in place since it is a new program. Consequently, nothing's ever going to stoop or the task in other projects is no slowdowns. It can be achieved as the last goal.

Investors involved-officials of the IT agency, diagnostic agents.

The process improvement throughout the solution of the problems in the hospitals by providing them the necessary importance to identify the priorities of different tasks.

6 0
2 years ago
Other questions:
  • An artist who uses a spontaneous, less fussy approach to painting can be said to be using the ____________ technique
    11·1 answer
  • Ryan went to the video store to rent a movie. He wanted an ice cream sandwich and pulled one out of the nearby freezer bin. Then
    11·1 answer
  • Kathleen's company produces computer monitors and other peripheral devices for computers. About six months ago, Kathleen began t
    13·1 answer
  • In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 61,600,000 shares of common stock have been auth
    13·1 answer
  • To buy new equipment, a business owner borrowed $4,200.00 for 2 years and paid $850.00 simple interest on the loan. What rate of
    9·2 answers
  • The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica
    14·1 answer
  • On January 1, Year 1, Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. Interest is payable semiannually on J
    14·1 answer
  • Brad needs help repaying the loan he got to pursue a graduate program in a top-ranking university. If Brad opts for a work-study
    15·2 answers
  • You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, i
    13·1 answer
  • Maria and Simone are roommates. They spend most of their time studying (of course), but they leave some time for their favorite
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!