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PtichkaEL [24]
2 years ago
5

Currency that derives its value from the amount printed on it rather than from the value of the paper or metal from which it is

made is referred to as ______ money.
Business
1 answer:
labwork [276]2 years ago
7 0

Currency that derives its value from the amount printed on it is known as fiat money.

<h3>What is fiat money?
</h3>

Fiat money is currency whose value is not backed up by any asset. The value of fiat money is dependent on the amount printed on it. This differs from representative money whose value depends on the value of the metal from which it is made from.

To learn more about money, please check: brainly.com/question/940436

#SPJ1

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The operations process includes which of the following activities?
Nutka1998 [239]
The operations process for what

4 0
3 years ago
Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January
-Dominant- [34]

Answer:

$59,410

Explanation:

With regards to the above information, we need to calculate first, total number of units for first quarter of the year.

Total number of units for first quarter of the year = 2,960 + 2,740 + 3,440

= 9,140

But, each unit requires 0.5 hours of direct labor.

It therefore means that;

1 unit need ----- 0.5 hours of direct labor

9,140 ----- ?

= (9,140 × 0.5) / 1

= 4,570 hours.

Finally, we will multiply the total hours by the payment per hour, or direct labor rate; which is $13 per hour.

= 4,570 × $13

= $59,410

Therefore, the budgeted direct labor cost for the first quarter of the year is $59,410

5 0
3 years ago
Opportunity recognition is the process of identifying, ________, and developing new venture opportunities.
brilliants [131]

Answer:

Selecting

Explanation:

The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, <u>selecting</u>, and developing new venture opportunities.

when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.

3 0
3 years ago
Alvin's Transport has total credit sales for the year of $182,000 and estimates that 3% of its credit sales will be uncollectibl
goldfiish [28.3K]

Answer:

S/n      Account Title and Explanation      Debit     Credit

a.         Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

b.        Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

4 0
3 years ago
which stage in a work-unit activity analysis focuses on the product, information, or service provided?
maria [59]

The stage in a work-unit activity analysis that focuses on the product, information, or service provided is the output phase, This is further explained below.

<h3>What is the output phase?</h3>

Generally, the output phase is simply defined as manufacturing or output in general.

In conclusion, The final deliverable is defined. The method of measuring the output is investigated.

Read more about the output phase,

brainly.com/question/14863117

#SPJ12

4 0
2 years ago
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