Answer:
those assets regularly used to buy goods and services.
Explanation:
Depending on whether you are an economist, an accountant or work in finance, the term money may mean different things. Generally economists use the term money to refer to very liquid assets which are used to purchase the goods and services that we use on our everyday life. Economists distinguish money as assets that perform the basic functions of money:
- medium of exchange
- unit of accounting
- store of value
Maintaining quality involves producing what the customer wants while reducing errors before and after delivery to the customer.
Answer:
A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.
Explanation:
thank me later
A person who doesn't lock doors or fix leaks presents morale hazard.
<h3>What is morale hazard?</h3>
It refers to an unconscious attitude of an individual who is indifferent to the loss of their personal property that is covered by insurance, since the insurance could cover the damages that have occurred.
Therefore, morale hazard is the change in behavior that comes from the subconscious, generating indifference about the loss of goods because they are covered by insurance.
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How they spend their time would depend on what is on the estate. If it was a farm, or ranch then they would probably be supervising the agricultural work being done on it or managing the cattle or sheep, say. If it was a resort, then they would be busy attending to the needs of their guests for food, accommodation and recreation.