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Goryan [66]
3 years ago
9

The M2 definition of the money supply includes

Business
1 answer:
svlad2 [7]3 years ago
7 0

Answer:

The correct answer is option A.

Explanation:

The M1 definition of money includes the currency notes and coins in circulation and demand deposits in bank. This is the most liquid and is termed as narrow definition of money.

The M2 definition includes all the components of M1 and along with that, savings accounts, time deposits and money market funds. This a less liquid supply of money.

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Answer:

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Explanation:

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3 years ago
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Multiple-step income statements show
devlian [24]

Answer:

both income from operations and gross profit.

Explanation:

As we know that

The income statement recognized the revenues earned and the expenses incurred for a particular period

And the multiple-step income statement refers to the classification of expenses like

The format is shown below:

Sales                                   XXXXX

Less: Cost of goods sold  XXXXX

Gross profit                        XXXXX

Less: Operating expenses

Administrative expenses     XXXXX

Selling expenses                  XXXXX

Operating income                 XXXXX

Non operating income or others

Less: Interest expense           XXXXX

Rent revenue                          XXXXX

Net income                             XXXXX

Therefore, the third option is correct

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Question:
soldier1979 [14.2K]

Answer: its environmental scientist

Explanation:

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According to the FASB conceptual framework, the rele-vance of providing information in financial statements is subject to the co
Liula [17]

Answer:

B. Cost-Benefit

Explanation:

According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information

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Cost of Information

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