Answer:
<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>
Explanation:
<em>M1 money supply comprises of currency in physical form and coin, the demand deposit( check-able) travelers check</em>
<em>
M2 money supply comprises of Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises money. that is less liquid/</em>
- <em>
Kenji has $25000 in a money market account - it belongs to the category of M2 money supply.</em>
- <em> Lucia has $8000 in a two year CD, it belongs to the category - M2 which is money supply
</em>
- <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the physical currency. these category belongs in M1. As M2 money supply contains M1 therefore this example also belongs in M2.
</em>
Answer:
Activity-based department costs
Explanation:
Activity Based Costing refers to a method : that allocates the cost of activities in organisation among produced goods & services, in proportion to that activity consumed by each good & service.
The model is a better representative of particular goods & services production costs, unlike conventional cost methods - that divide the activity cost among each good or service equally. It assigns more indirect (overhead) costs into direct costs compared to Conventional Costing.
So, the approach states that overhead to products, supporting department costs - are referred to as <u>Activity Based</u> Department Costs
Answer:
c. Exchange creates value by moving goods from parties who value them less to parties who value them more.
Explanation:
Exchange is described as the process of changing some goods for some other goods.
Exchange clearly provides you with the goods you value for, and in exchange for those goods you pay the goods you do not value.
This, results in adding value to the goods acquired by you, and adds value to the goods given by you for the person to whom it is exchanges.
As for example when a cloth is purchased by me for $100 then such adds the value to cloth and because it was worth less than $100 for the seller it has added value to the cloth.
The main type of Insurance company includes:
- General insurance company
- Life insurance company
- Reinsurance company
<h3>What is the role of
Insurance company?</h3>
These are financial institution that provide insurance covers to intending policyholders.
Therefore, the main type of Insurance company includes general insurance company, Life insurance company and Reinsurance company.
Read more about Insurance company
<em>brainly.com/question/13641753</em>
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