Money is functioning as a medium of exchange. Money makes transactions easier, instead of having to barter for items, you can complete transactions through the usage of money.
Money serves three primary functions unit of account, store of value and most important medium of exchange.
Answer:
Yes
Explanation:
In a test scenario such as this one, the test locations should be isolated from media with a far reach, such as television. This is mainly due to the fact that if media advertising reaches areas outside the market being tested, it will eventually attract customers from outside the test population which will in term contaminate the data. This can lead to false results, such as a product selling more than it really will.
Answer:
The inventory method which results in the highest gross profit for June is FIFO
Explanation:
Month Units Cost U/cost LIFO E.INVEN. I.COST
jun-01 123 850 7 123 861 0
jun-10 164 1280 8 47 376 936
jun-15 164 1380 8 0 0 1312
jun-28 123 1080 9 0 0 1107
4590 170 1237 3355
FIFO E.INVEN. I.COST
7 0 0 861
8 0 0 1312
8 47 376 936
9 123 1107 0
170 1483 3109
Taxation decreases the income earned by a firm by 28% it means this affects the business negatively and when taxation is paid it positively improve the economic growth
Management is an important managerial skill, that helps to deal with the complex nature of modern work.
<h3>
What is management?</h3>
Management involves a systematic process of planning, organizing, leading and controlling a set of people and organizations.
It involves,
- learning to deal with the complex nature of modern work and make decisions that are ethical and effective.
- learning public speaking so you will be equipped to manage others.
Therefore, Management is an important managerial skill, that helps to deal with the complex nature of modern work
Learn more on management here
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