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charle [14.2K]
3 years ago
5

What is money? Which of the following are functions of money? Correct Answer(s)

Business
1 answer:
kari74 [83]3 years ago
6 0

Answer: OPTION A , B , D

Explanation: In simple words, money can be defined as any thing through the exchange of which an individual can purchase any commodity he desires and for the exchange of which he can sell any commodity he wants. Cash, coins , bank check and credit cards are modern  forms of money.

A. Money serves as a standard unit for all goods hence option A is correct.

B. Money can be exchanged for every commodity available hence option B is correct.

D. Money is non depreciable asset hence it can be stored for future use leading to increase in wealth. Hence option D is correct.

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In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good
Setler [38]

Answer:

(humility, egotism, will, discipline)

Explanation:

A leader who possesses this characteristic which are humility, egotism, will, and discipline would mostly behave this way by giving credit to each and every team members who contributed with an idea or opinions, this is how good leaders are recognized because they carry everyone along.

6 0
3 years ago
Your friend fills out their first tax form and is confused between adjusted and gross income. How can you explain the difference
Illusion [34]
<span>Annual gross income is the amount of money you make BEFORE taxes. Your adjusted gross income is how much money you make before taxes, MINUS anything you can deduct. You can deduct many things, like student loan interest payments and alimony. So, you would have an adjustment if you paid for student loans this year. If your gross income (not adjusted) is $20,000 and you paid $1000 on student loan interest, your adjusted gross income is $19000. The IRS will then see your income as only $19000 instead of $20,000 and will tax you on that lower amount.</span>
8 0
3 years ago
PLEASE HELP! WORTH 25 POINTS
Mariulka [41]

Answer:

Something to do when youre younger 16^ is go to your dream job and ask if they need help now if they say yes than put in double the work to show them that you actaully want this job.

Explanation:

1

Write down a list of your skills and abilities. Research careers suited to your skills. Think about the jobs you are truly able to do and would enjoy most. This will help you narrow your search and focus your visualization.

2

Imagine that you have your dream job. Picture yourself waking up, getting ready for work and driving to your new job. Think about your tasks and what your co-workers and boss say to you. Make the scenario as real as possible.

3

Incorporate all five senses into your visualization, including touch, taste, hearing, smell and sight. These details will make your brain think the scenario is real.

4

Act as if you have your dream job. For example, write "I work as a chef and I love my new job" on a sticky note. Stick the note where you'll see it often. Think about the note frequently throughout the day.

5

Think about the lifestyle you'll have because of your dream job. Visualize getting your first paycheck from the job. Imagine being able to meet your financial goals, such as buying a house, going on vacation or taking care of your family.

6

Write your goals on index cards and review them daily. Take a few moments every day to create a visualization based on each card.

7

Visualize your dream job for five minutes each morning when you wake up and before you go to bed at night. Eliminate noises and outside distractions to help you concentrate.

8

Take actual steps toward obtaining your dream job. For example, enroll in college and earn a degree that will help you get a job in your desired field. Go to seminars related to your field to meet managers and business owners who can hire you. Make friends with someone who has your dream job and ask him how he got the position.

3 0
2 years ago
Evaluate the following​ statement: Banks use deposits to make consumer loans to households and commercial loans to businesses. B
Sav [38]
To night it is fffffffffffffalse
3 0
3 years ago
Accounts receivable written-off as uncollectible during the year amounted to $12,600. The accounts receivable balance at the beg
elena55 [62]

Answer:

$72,600

Explanation:

Ending balance of the account receivable can be calculated by adding credit sales in beginning balance and deducting any account receivable written-off.

As we have the ending balance of account receivable, we need to calculate credit sales by following formula:

Account receivable Ending Balance = Account receivable Beginning Balance + Credit Sales - Bad Debt - Ending Balance

$320,000 = $260,000 + Credit Sales - $12,600

$320,000 = $247,400 + Credit Sales

Credit Sales = $320,000 - $247,400 = $72,600

8 0
3 years ago
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