defining and implementing monetary policy. conducting foreign exchange operations. holding and managing the euro area's foreign currency reserves. promoting the smooth operation of payment systems.
<h3>What is
foreign currency reserves?</h3>
Foreign Exchange Reserves are cash and other reserve assets, such as gold, held by a central bank or other monetary authority and used primarily to balance a country's accounts, influence the foreign exchange rate of its currency, and maintain financial market confidence.
Foreign exchange reserves are a country's emergency funds in the event of an emergency, such as a rapid depreciation of its currency. Countries use foreign currency reserves to maintain a fixed rate of value, maintain competitively priced exports, remain liquid in the event of a crisis, and provide investors with confidence.
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Option B
A 100 percent service satisfaction guarantee NOT be classified as a service
<h3><u>
Explanation:</u></h3>
Service product is when a business extends to service and a product or a good collectively as its usage. This is also termed a service-good mix, and it can transfer to several various kinds of businesses in all distinct industries. A service is an uncertain process.
This implies it doesn't have substantial dimensions to it; it can't be scaled or measured. Services customarily produce some kind of actual product in the end, but not regularly. Service is not something that one can handle or attempt out ere paying for it.
The answer to this question is <span>intrapreneuring
</span><span>intrapreneuring refers to the action that represents entrepreneurial spirit when you're working in large organizations, including gathering ideas for the company. </span>Shutterstock could utilize these ideas and transformed it into plans that could be implemented in order to expand the company.
Answer: A corporation is a legal entity that is separate and distinct from its owners.
Answer:
a. $155,000.
Explanation:
For recording the land value in the purchaser's books we reported the value of the land at the purchase price i.e $155,000 by following up the historical cost principle that states only purchase price would be reported
The other cost is not considered because it is not relevant for recording in the purchaser books
So, the actual amount in which land is purchased would be reported i.e $155,000