Answer:
Option "B" is the correct answer to the following statement.
Explanation:
Given:
Exchange rate of 1 Baht= $0.022
Expected inflation in united states (Assume) = 3% = 0.03
Expected inflation in Thailand (Assume) = 10% = 0.10
Computation:
After 1 year rate of 1 Baht in Dollar
The price in US = 1 × (1+0.03) = $1.03
The price in Thailand = 1 × (1+0.10) = 1.10 baht
1 baht = 1.03×0.022÷1.1 = $0.0206
Therefore, 1 baht = $0.21 (approx)
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account
<h3>What is a unit of account?</h3>
A unit of account is a standard numerical unit of money used for measuring goods and services.
According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.
Learn more on unit of account here; brainly.com/question/12730352
#SPJ12
Answer:
Autonomous Vehicles (AV)
Connectivity
Electrification
Shared Mobility
Artificial Intelligence (AI)
Big Data & Data Analytics
Human-Machine Interface
Blockchain
Explanation:
Answer
The answer and procedures of the exercise are attached in the images below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a 2 sheets with the formulas indications.
Answer:
The correct answer is (D)
Explanation:
Financial reporting is a complex task which requires an expert to handle them accurately. Companies make many changes in the real data to slip from government taxes and they usually report losses. Auditors are the one responsible to find discrepancies in the financial reporting. So, the primary responsibility rests with the auditors for accurate financial reporting.