1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
3 years ago
10

The functions of money are to serve as a rev: 06_06_2018 Multiple Choice resource allocator, a method for accounting, and a mean

s of income distribution. factor of production, exchange, and aggregate supply. unit of account, a store of value, and a medium of exchange. determinant of consumption, investment, and government spending.
Business
1 answer:
aliina [53]3 years ago
6 0

Answer:

unit of account, a store of value, and a medium of exchange.

Explanation:

Functions of money

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans

2. Unit of account : money can be used to value goods and services, For example, $20  is the value of your favourite jeans

3. Store of value : money can retain its value over the long term, this it can be used as a store of value

You might be interested in
Selected transactions from the journal of Larkspur, Inc., are presented below. Date Account Titles and Explanation Debit Credit
marshall27 [118]

Answer:

The requirement of the question is below:

Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)

The postings of the transactions to t accounts are found in the attached

Explanation:

In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.

Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.

Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.

Check the highlighted balances as well and note that the balances are named after the side with balance brought down.

Download xlsx
4 0
3 years ago
Under the CAPM, the required rate of return on a firm's common stock is determined only by the firm's market risk. If its market
Veseljchak [2.6K]

Answer:

B) False

Explanation:

CAPM formula for a stock's  expected rate of return is as follows;

CAPM  r = risk free rate + beta (rM - risk free rate)

r = expected return

rM = market return

As is seen in the above formula, the return is determined by the beta of the stock, risk free rate and the market return. If the beta of the stock increases assuming the market return and the risk-free rate remain constant, the stock's return will also increase and vice versa.

3 0
3 years ago
The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):____
AlekseyPX

Answer:

b. Alternative cost. 

Explanation:

Sunk cost is cost that has been incurred and cannot be recovered.

Out of pocket cost is a cost incurred out of an employees personal cash reserves for which he may be reimbursed for by his employers.

Differential cost is the cost of two different options.

Opportunity cost is the benefit lost when one alternative is chosen over other alternatives.

I hope my answer helps you.

3 0
3 years ago
Imagine Joanne has an employee, Cynthia, whose only job is to restock shelves in the kitchen. Whenever Cynthia is busy she has t
Triss [41]

The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.

What Are the Economic Impacts of Specialization?

  • When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur.
  • A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.
  • The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.
  • Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.

To know more about Specialization visit:

brainly.com/question/27238418

#SPJ1

7 0
2 years ago
Larry is assisting a buyer who's making an offer on his client's listing. If Larry is too helpful to the buyer, what might occur
antiseptic1488 [7]

If Larry is too helpful to the buyer, the thing that might occur is an implied agency and undisclosed dual agency

<h3>Who is a Buyer?</h3>

This refers to the person that is interested in or makes a purchase of a certain product for a given price.

Hence, we can see that based on their assistance of Larry to a shopper that is making an offer on an available listing, it can be noted that this is an Implied agency and an undisclosed dual agency because he would make an offer on behalf of the company.

Read more about implied agency here:

brainly.com/question/15129864

#SPJ1

5 0
2 years ago
Other questions:
  • Another major concern for firms in the sharing economy is uncertainty around the ability of these firms to continue to consider
    7·1 answer
  • Sam was recently promoted to the production manager of a busy shoe factory. he was chosen because prior to his promotion he had
    13·1 answer
  • The following data is available for Bonita Corporation at December 31, 2018: Common stock, par $10 (authorized 31200 shares) $24
    7·1 answer
  • Your friend fills out their first tax form and is confused between adjusted and gross income. How can you explain the difference
    6·1 answer
  • When a salesperson asks for the sale, he or she is trying to:_________.
    8·1 answer
  • What´s the meaning of marginal investor?
    6·1 answer
  • ​The government is looking to double the living standards of its population in 18 years, what rate of GDP growth would it need t
    5·1 answer
  • TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
    6·1 answer
  • Please help! How do you do a SWOT Analysis on a product idea?
    12·1 answer
  • An economy is best described as a system where
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!