Which sentence best describes how money functions as a "store of value"?
(A) You can exchange money for ghods and services.
(B) It adds to your purchasing power.
(C) It assigns value to goods and services.
(D) Its value appears in the books of accounts.

Answers

Answer 1

Answer:

(B) It adds to your purchasing power.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.

The three (3) main functions of money all over the world are;

I. Medium of exchange.

II. Unit of account.

III. Store of value.

The sentence which best describes how money functions as a "store of value" is that, it adds to your purchasing power.

Hence, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.

Answer 2

what the guy said above me


Related Questions

Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expression A.

A (8 + 54 + 91) × 12

B (8 + 54 + 91) × _____

Answers

Answer:

B (8 + 54 + 91) × _____ If im wrong apologies

Explanation:

Why are people engaged in business?? Write in points



(Note:Please don't give me silly answer)​

Answers

Answer:

they are able to set their own hours and policies.

Establish prices.

Mall Critical decisions on how to operate the company.

Some people don't want to work for a boss. Others have an innovative mind or brilliant idea

People also engage in business to make a difference in the world.

Kevin wants to buy a house that costs $350,000. Kevin will need to go to a bank and obtain a mortgage in order to purchase the house. The bank requires a 25% down payment. a) How much money will Kevin need for a down payment? b) If he wants to borrow the remaining amount, how much of a loan would he have to obtain?

Answers

_________________________________

a) = 25% × $350,000 ÷ 100 = $87,500b) = $350,000 - $87,500 = $262,500

_________________________________

Why is it important to know that a market economy is characterized by interdependence?

Answers

Answer:

Interdependence is important because people specialize and trade their production in markets for other products they need. The circular flow of income shows the interdependence of the economy.

Explanation:

Trust me this is right.

Why is integrity important in your personal life

Answers

Answer:

personally  (in the stands of being you) . Intergrity is important to me because it helps us to be able to trust one another academically and professionally. Intergrity helps keep one another accountable. When we use integrity we are being honest with outselfs and others. Hope this helps let me know :)

Explanation:

You work for REV and check your work email on your mobile phone. You have decided to resign
your job and take a position with a different company. Regarding RDM on your mobile phone,
what should you do?
A. Turn your phone to IT Services
B. Take your phone to IT Services, and they will wipe it clean
C. Download RDM to your personal computer
D. Call IT Services for support, and they will assist
E. Nothing. IT Services will automatically remove all data

Answers

B i think i’m not one hundred percent sure tho

If you checked your work email on your mobile and you are leaving REV to work elsewhere, you should B. Take your phone to IT Services, and they will wipe it clean.

What should you do when leaving a company?

You are to return all devices that the company gave you unless specified otherwise.

All personal devices that you used for work, should be given to the IT department so that they can wipe it clean of company information. This includes personal mobile phones.

Find out more on the purpose of IT Services at https://brainly.com/question/25226643.

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16) (2 marks)
Fixed Costs = £12,000 Variable Cost per unit = £18
Selling price per unit = £88
How many products do we need to sell to break even?

Answers

Answer:

171 units

Explanation:

Break-even point = fixed cost / Divide by contribution margin per unit.

fixed costs = £12,000

Contribution margin per unit = selling price - variable cost per unit

Selling  price £88: variable cost  £18

contribution margin per unit

=  £88 -  £18

=£70

Break-even point = £12,000/£70

=171.42

=171 units

is the inside of your car feeling hot on a summer day conduction, convection, or radiation

Answers

conduction because heat is directly transmitted through a substance where there is a difference of temp. without movement of material :)

A forensic accountant is similar to a(n) ______
because they both work to combat accounting fraud
A. international accountant
B. auditor
C. certified public accountant
D. general ledger accountant
SUBMIT

Answers

Answer:

B. auditor

Explanation:

The work of an auditor and that of the forensic accountants are very similar. They both examine financial records and statements of an organization to confirm their accuracy. The auditor and forensic accountant are specialized officers. They have been trained to detect fraudulent reporting in financial statements. After evaluating the books of account, they form an opinion based on their findings.

The collection of interactions a company has with a customer who has already purchased a product is called . When dealing with customers face-to-face, a good customer service technique is to . When speaking with customers over the phone, it is important to be aware of because it can change the meaning of what is said.

Answers

Answer:

A customer is frustrated with your company after being directed to several different departments. The customer's problem has not been resolved.

What is the most important thing a customer service agent should remember in this situation?:

If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with the situation.

What is a customer service techique ?

A good service technique is the face to face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.

Find out more information about the customer service technique.

brainly.com/question/26546102

Having an accountability partner can be a powerful motivator when
trying to implement new habits in your life.

Answers

Answer:

The given statement is "True". A further explanation is given below.

Explanation:

An accountability partner could be compared to something like a working relationship during which you permit to apprentice each other rather than provide constructive criticism mostly on appropriate period. Collaborating with either the responsibility partner could indeed help you create daily behaviors. Unconsciously, living creatures also have to be squeezed to start up making coordinated actions along the lines of their objective.

Accomplishing your scoring opportunity would become a hardship if you're separated from your group.

What is an organized activity that provides goods and services to others at a
profit?
A. A bank
B. A charity
C. A business
D. A society

Answers

Answer: C

Explanation:

A business is any activity that provides goods or services to consumers for the purpose of making a profit.

4 of 5) What is a good way to stay diversified?
A. Invest only in ETFs
B. Invest only in Mutual Funds
C. Re-balance your portfolio every 3 months
D. These are all good ways to stay diversified

Answers

Answer:

D?

Idrk but yeah Uhm coolll

___ is evaluating similar items to check quality and price

Answers

Answer:

Cost?

Explanation:

What text connection is used in the following:

A paycheck is to employee like an “A” is to a student

Simile
Analogy
Category
Alliteration

Answers

Answer:

Analogy

Explanation:

An analogy is a comparison between two sets of items or concepts that share a relationship. In this case, employees earn a salary from their hard work while students earn an 'A' from studying.

Vern Thoms is puzzled. His company had a profit margin of 10% in 2019. He feels that this is an indication that the company is doing well. Tina Amos, his accountant, says that more information is needed to determine the company's financial well-being. Who is correct?

Answers

Answer:

Tina Amos is correct.

Explanation:

It is not enough to use the profit margin of a company to determine its financial well-being.  There are other considerations with regard to its liquidity, solvency, profitability, and operating efficiency.  While the profitability measure is considered as foremost in determining financial health, more information on this profit margin is surely needed.  Financial health is not considered in isolation.  A company must also compare its health with other similar companies in its industry.  A trend analysis of past year's profit margin also needs to be performed to ascertain if the profit margin of 10% in 2019 is adequate and comparable.

An example of an asset is:

Answers

Answer:here

Explanation: A company lists its assets with a dollar amount on balance sheets. Assets are made up of liabilities and equity on the balance sheet.

Asset: noun
a useful or valuable thing, person, or quality.
"quick reflexes were his chief asset"property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.

A company enters into a long futures contract to buy 1,000 units of a commodity for $60 per unit. The initial margin is $6,000 and the maintenance margin is $4,000. What futures price will allow $1,000 to be withdrawn from the margin account?

Answers

Answer:

$61

Explanation:

Calculation for What futures price will allow $1,000 to be withdrawn from the margin account

Let x be the futures price

Futures price =1000 units(x-$60 per units) = $1,000 loss

x-$60=$1,000/1000 units

x-$60 = $1

x=$60+$1

x = $61

Therefore the futures price that will allow $1,000 to be withdrawn from the margin account will be $61

The most likely reason for a sole trader to change into a private limited company is because it
wants:
a. To share its financial accounts with the public
b. To raise additional finance
C. To benefit from unlimited liability
d. to avoid business continuity

Answers

The most likely reason is B. To raise additional finance
I think it’s B because it makes sense.

A Web site's Terms of Use grants the Web site the right to do what?
0
use your personal information in its advertisements
O sell its users' personal information to third parties for them to market to specific customers
O use its users' posts and photographs to gather information about its consumers
o both the first and third answers

Answers

it might be d because b isnt correct and the A and c are correct so im thinking therfor the answer is d

Answer:

both the first and third answers

Explanation:

I tried answering "use its users' posts and photographs to gather information about its consumers" and it was wrong, and then I retook the quiz and answered "sell its users' personal information to third parties for them to market to specific customers" and it was wrong. I know they can sell your information to make targeted ads, so it must be the answer that says "both the first and third answers".

Organika Pharmachemicals have designed a rare medicinal plant that can survive in 120-degree temperatures without water for several days. Which intellectual property right would stop others from using this innovation? A. trademark B. copyright C. patent D. trade secret

Answers

Answer:

The answer is C: Patent

Explanation:

Please help...I need legit answers. I will mark brainliest. Thank youuuuu!!!

Answers

Answer is total loan will be ; $214,481.92

Plz, Help quickly. In accordance with the seven core elements of an effective occupational safety and health program, what should management do to support the program effectively?
Select the 4 answer options that apply.

Communicate their commitment to the programs through a written statement.


Establish realistic, attainable, and measurable goals.


Encourage employee participation by publicly punishing those who do not participate.


Only allow senior management level employees to be involved with the program evaluation, to avoid conflict.


Allocate resources to the program by integrating it into the budget and time planning.


Establish a process to report any safety and health concerns.

Answers

Answer:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

Explanation:

In accordance with the seven core elements of an effective occupational safety and health program, management should follow the following to support the program effectively:

Communicate their commitment to the programs through a written statement.

Establish realistic, attainable, and measurable goals.

Allocate resources to the program by integrating it into the budget and time planning.

Establish a process to report any safety and health concerns.

An account into which a person deposits money and then can withdraw funds by making a written order to the bank instructing it to pay money from the account to another person or a business is known as
a. a savings account.
b. achecking account.
c. a cashier's account.
d. a credit account.​

Answers

b) a checking account

2. What advice does the model in the video give to consumers? Do you think this is good
advice? Why or why not?

Answers

Answer:Model in the video give the consumers have the attitude of keeping it simple.by the use of models in the video, it is simple in that there is a lot of message that is passed hoping that more individuals will b reached by it.

Relatively there I an increasingly marketing procedures that accrue by this process followed by that pull customers upto their fold, this avouda a rwlentless as well as ill-concieved efforts to engage.

Explanation:Model in the video is good.this is because it brings things easier to the consumers as this products is likely to havean intended purchase, and are likely to buy this product more ofteexposing I to the others after abconsideration of given variables of price , perception of that given model brand .

Evelyn enjoys drawing. Even though she has never had formal lessons, she is artistically gifted. Her artistic ability can be referred to as a(n) _____.


aptitude

hobby

job

skill

Answers

Answer:

i think its a hobby bc i put skill and it was wrong

Explanation:

Which of these factors can affect a credit score?
A. Your grades in school
B. Your income
C. Your payment history
D. Your family household size

Answers

Payment history is the factors that can affect a credit score. Some of the other things that affects the credit score are credit usage, account age, new credit and the types of credit you use are all factors to consider.

What is credit score?

A credit score is a number that varies from 300 to 850 that indicates a person's creditworthiness. The stronger a borrower appears to potential lenders, the higher the score.

The number of open accounts, total debt, payback history, and other factors are used to determine a credit score.

Thus, option C is correct.

For more details about credit score, click here

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which program has
budget lidl
year?
A. Social Security
O B. Medicaid
Ο Ο Ο Ο
O C. Defense
O D. Medicare

Answers

Answer: Medicare and social security

Explanation:your welcome

Comment on the degree to which a market economy establishes liberty for individuals. Using ideas from the Circular Flow Model, with injections and leakages, include comments on the role of the government, financial institutions such as banks, and the international market in protecting liberty for individuals. Consider the role of households in the Circular Flow. Make at least three points and discuss them in a paragraph.

Answers

Answer: I dont know how to solve it i'm sorry -_-

Explanation:

rate this photo...............

Answers

Answer:

ok

Explanation:

black and white

Answer:

um id.k maybe a 5 1/2 ig?

Explanation:

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