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Alecsey [184]
3 years ago
8

Which of the following statements are consistent with how inflation affects the three functions of money? Check all that apply.

Business
1 answer:
Anna [14]3 years ago
6 0

Answer:

B,C, D, E

Explanation:

B. Rising prices (inflation) makes comparism of financial data less reliable.  This is one of the major drawbacks of historic financial information because such information does not take into account the impact of inflation.

C. Money loses its attributes as a store of value in inflationary period. This is because the nominal value of money increase through an increase in Consumer Price Index (CPI) while the real value of money drops as the unit amount of purchasing power decrease from increase in prices.

D. The demand for money increases in inflationary period as more money chases few goods. This reduces purchasing power of individuals and leads to rise in prices.

E. This has the potential of reducing purchasing power as money loses its value in periods of inflation.

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_____ typically includes information on the customers served, why the company exists, what the company does, the value received
max2010maxim [7]

Answer:

Mission.

Explanation:

Considering the stakeholders' perspectives is a significant step or approach to be adopted by business firms when developing a mission statement. It requires that you think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.

Mission typically includes information on the customers served, why the company exists, what the company does, the value received by the customers, and the technology used.

7 0
2 years ago
Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch
LekaFEV [45]
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
9 0
3 years ago
Read 3 more answers
In what ways did Skilling's involvement in unethical financial and accounting practices benefit stakeholders initially?
Mila [183]

Answer:

The given case relates to the movie Enron. In the movie, Jeffrey Skilling engineered transactions and falsely boosted stock values, allowing various stakeholders to earn higher returns at first. Arthur Anderson, the corporation's auditor, was involved in the investment fraud. Thus, initially to increase the share price the defaulters boosted their earnings.  

7 0
3 years ago
Which of the following accurately describes the effect target costing has on the manufacturing design function? Select one: A. T
UkoKoshka [18]

Answer:

B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department

Explanation:

Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.

5 0
3 years ago
A company had a choice between Project X and Project Y. The net present value of Project X is $1,000,000, and the net present va
vekshin1

Answer:

The opportunity cost of that decision is - $250,000

Explanation:

For computing the opportunity cost, we have to use the formula of opportunity cost which is shown below:

= Return of project which is not chosen - the return of a chosen project

= $750,000 - $1,000,000

= - $250,000

Since in the question, it is given that the chosen project is X so we write the project X amount in the formula and the not chosen project of-course is Y.

Hence, the opportunity cost of that decision is - $250,000

8 0
3 years ago
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