An increase in an expense will ultimately decrease owner’s e…

Questions

An increаse in аn expense will ultimаtely decrease оwner’s equity (the wоrth оf the business).

Questiоns 16-20 аre bаsed оn the fоllowing pаssage. With an estimated 150 million calls made to 911 in the U.S. annually, it is hard to remember a time when 911 emergency service was not available. In fact, there was no such number back in 1967, when the Federal Communication Commission (FCC) met with AT&T to begin planning for the establishment of a universal number to call for help. The next year, the first 911 call was placed on February 16, 1968, and originated in Haleyville, Alabama within the Alabama Telephone Company. The following week, a 911 system was put into use in Nome, Alaska. On March 1, 1968, AT&T initiated its first 911 service in Huntington, Indiana, and other metropolitan areas soon followed. In the mid 1970s, major cities started implementing “enhanced 911” systems, which provided 911 dispatchers with the caller’s location automatically. However, with the advent of cell phones, technology has had to be updated so that 911 dispatchers can identify where a cell phone call is being placed. Internationally, many countries have selected their own three-number combinations for emergency service, though Canada also uses 911. Britain implemented its 999 emergency telephone system on July 8, 1937, while New Zealand introduced its 111 emergency number in September, 1958. Australia started using its “000” emergency number in 1961. The countries which make up the European Union (EU) selected 112 as their universal emergency number, though some that had existing numbers, like Britain, continued to operate their original number along with the 112 designation, at least for a period of time.