The purpose why the person use the money is for medium of exchange.
<h3>What is money?</h3>
Money is a legal tender, approved by the government of a country as a means of exchange. Money is used to pay for services received and also for the purchase of goods.
Characteristics of money are:
- Store of value
- Medium of exchange
- Unit of account
Hence, the purpose why the person use the money is for medium of exchange.
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I cant see anything at all and my eyes hurt
Answer:
The $29,000 is the income which does harry report
Explanation:
Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.
First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.
One day income = Total income ÷ Number of days in a year
= $1,460,000 ÷ 365 days
= $4,000
Now,the income is
= one day income × 29 days × rate if interest
= $4,000 × 29 × 25%
= $29,000
Thus, the $29,000 is the income which does harry report
False, a liability is something you are responsible for, example: you are liable to clean your room.
An important role that IS plays in management control processes includes is Communication.
<h3>What role does management plays in an organization?</h3>
IS is known to have three important roles in management control processes. These processes are said to be;
- Data collection
- Evaluation
- Communication
Management often operates via functions such as planning, organizing, staffing and others.
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