Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
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What is the exchange rate?</h3>
- An exchange rate is a rate at which one currency is exchanged for another in finance.
- Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
- The value of one country's currency in respect to another currency is also referred to as the exchange rate.
- Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.
Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
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The correct question is given below:
Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.
The group of answer choices
(A) appreciates and buys more Mexican goods.
(B) appreciates and buys fewer Mexican goods.
(C) depreciates and buys more Mexican goods.
(D) depreciates and buys fewer Mexican goods.
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Answer:
True
Explanation:
All businesses, regardless of type or size, must abide by statutes and regulations. Laws comes from all levels of government. Some laws apply to specific sectors, but the majority addresses the entire industry.
Regulations deal with business registration, licensing, and employee compensation. Laws related to professional bodies such as lawyers or doctors must be adhered to by relevant businesses. Governments impose regulations on taxation, statutory deduction, and safety in the workplace.
Following regulations protects the customers, employees, and businesses. An employee who follows the law knows what is expected of them. Following rules will save the company from lawsuits. Employees will feel confident and motivated when they work for a company that follows the law.
Not following the law will cause problems with the tax authorities. It may lead to misrepresentation of financial records or expose employees to hazardous work environments. Such a business will most likely face may lawsuits that come along with huge costs. Not following the law may lead to the collapse of a company.
Answer:
True
A liability is defined as somehing that a person or a company owes someone else.
Answer:
a. You've completed some transactions during the time period between when the statement was printed and when it was received by you
Explanation:
The balance on the check register and that shown for the business in its account statement, at a point in time, will rarely be the same.
Differences might be caused by any of the following:
Items recorded in the check register are not (yet) shown in the account statement.
Items in the account statement that have not been recorded in the check register.
Based on the above discussion, the answer shall be a. You've completed some transactions during the time period between when the statement was printed and when it was received by you
