Currently, U.S. currency is fiat money with no intrinsic value. Thus the correct answer is B.
<h3>What is intrinsic value?</h3>
Based on the cash flows from an investment, intrinsic value calculates its worth. The difference between market value and intrinsic value is that the first tells you how much other people are prepared to pay for an item, while the latter reveals the asset's worth based on an examination of its real economic performance.
It can be used for purposes other than serving as a means of exchange, commodity money has intrinsic worth. Fiat money has no intrinsic value and is only used as a means of exchange because the government has sanctioned its use in that capacity.
Therefore, option B fiat money with no intrinsic value is the appropriate answer.
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They would be rebuffed and considered responsible. It lays out measures of moral conduct and expert lead workers are required to keep up interior and amid connections with customers and accomplices. An infringement of the code implies you have acted in a way that conflicts with the code. Doing as such prompts outcomes, as laid out in the archive.
Answer:
a). Bryan does not cope very well in ambiguous situations.
b). Bryan is quite sociable and can "think on his feet."
Explanation:
In the context it is given that Mara is choosing Bryan, one of her team member for the assignment in China office to train a group of employees in Beijing office. As a procedure Bryan will have to undergo a 3 week diversity training program which will help him to learn about the new environment.
a). One of the major factor that can reduce the likelihood of Bryan's selection if Bryan does not cope very well in the ambiguous situation. Bryan should be able to handle the ambiguous situation that may arise in he training period.
b). The factor that would increase the likelihood of Bryan to get selected is that Bryan is very sociable person and get easily get mix with people around. He is also able to think and react to situation immediately.
Answer: Option a
Explanation: Payback period in capital budgeting comes from a time needed to recover or exceed the break-even point of the funds spent on a project. Moreover, the payback period does not take into account the time value of money.
It is based on the number of years it would take for the funds spent to be recovered. Thus, payback period only evaluates a project on the basis of time period it takes to recover back the investment this results in ignorance of cash flows, which might be huge in amount, that results after the pay back period.
