Answer:
The correct answer is c. medium of exchange.
Explanation:
Money is a financial asset that serves as an intermediate platform to optimize the exchange of goods and services, avoiding the inaccuracies of bartering, that is, the direct exchange of goods and services. Therefore, for a good to be qualified as money, the following three criteria must be met and that are the three main functions that money fulfills in a modern economic system:
- Exchange medium: to avoid the inefficiencies of a barter system. When a good is required for the sole purpose of using it to be exchanged for other things, it owns this property. In addition, money should be a lightweight and easy to store and transport.
- Unit of account: When the value of a good is frequently used to measure and compare the value of other goods or when its value is used to denominate debts, it is said that the good possesses this property. The unit of account means that it is the unit of measure that is used in an economy to set prices.
- Conservation of value: When a good is acquired with the objective of preserving commercial value for future exchange, then it is said to be used as a store of value. Money is a store of value but not the only one, any asset that maintains its purchasing power over time will serve as a store of value.
Answer:
$1,032,260
Explanation:
Dove's unappropriated retained earnings balance as of December 31, 2016 = Unappropriated retained earnings balance on January 1, 2016 + Net income - Dividends distributions.
= 796,010 + 386,250 - 150,000.
= $1,032,260
Unappropriated retained earnings balance of Dove corporation as on December 31, 2016 is $1,032,260
Answer: The central limit theorem is important in statistics because if the variable is larger, the sample distribution of the mean will be normal regardless of how the population size is.
Explanation: The central limit theorem is also referred to as CLT. The CLT will fluctuate as different variables are added while trying to achieve normal distribution for their variables. When trying to find out the equal population, different variables are added to test out the theories.
There are times when marketers forget that marketing is not just a department, and they fail to market the dashboard to <u>Key stakeholders</u>
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<h3>What is key stakeholder?</h3>
The most important stakeholders in a given business are those who make up a company's key stakeholders. Any professional who is impacted by the operations, initiatives, and successes of an organization is a stakeholder. Different stakeholders have different types of and levels of interest in a company.
One of a company's most crucial stakeholders is a key stakeholder. Due to the fact that they are most impacted by a company's operations, key stakeholders are very interested in that company's success. Similar to this, a company's primary stakeholders frequently determine its success and growth.
Learn more about key stakeholders
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