The sustainment brigade designed Reverse Warfighter with this issue in mind and focused on utilizing the entire sustainment team, both horizontally (peer-to-peer) and vertically (HICOM to LOCOM).
The intent was to have the training audience, HlCOM, and LOCOM in the same localized area observing and executing scenarios.
Lack of Cohesion of Methods (
LOCOM) is calculated using (M - sum(MF)/F)(M - 1), where M is the number of methods in the class, F is the number of fields, MF is the number of methods accessing a particular field of the class, and sum(MF) is the sum of MF over all fields of the class.
(391) Under the
LOCOM method, unrealized losses were deductible.
"Fair-value accounting could increase earnings volatility because changes in value of the MSRs, both upward and downward, would flow through earnings without the limiting factor of
LOCOM [lower of cost or market]," McCallion points out.
One disadvantage, mentioned above, is that the "lower of cost or market," or "
LOCOM," accounting method is not available for tax purposes under LIFO.
However, the proposal would virtually eliminate the use of
LOCOM (lower of cost or market value) accounting for marketable securities and would reduce the number and amount of debt securities that financial institutions and other entities can include in their investment category.
Soldiers with additional skill sets are routinely sent to an LTAT to provide reachback capability and to support specific training requirements planned by the LMATs and
LOCOM.
Those regulators questioned the appropriateness of using the amortized cost method rather than the
LOCOM method when trading and sales practices were inconsistent with the amortized cost method.
Some assets are reported at market value, some at lower of cost or market value (
LOCOM), and others at cost or amortized cost.
Some firms report their MDS at the lower of cost or market (
LOCOM) while other firms report them at cost.