Answer:
The correct answer is letter "C": Functional currency.
Explanation:
Functional currency is the monetary medium of exchange a company usually generates and expends money with. Functional currency represents the primary currency a firm uses for its operations which is likely to be the official currency of the region where it handles business but that does not always happen.
<em>For book-keeping purposes, a subsidiary's parent uses the functional currency of their operational functional environment.</em>
Answer:
An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.
Explanation:
The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.
Answer: C. 15;5
Explanation: The answer is C. 15;5 because a long-term goal has to take longer than the short-term goal. In other words, the first number has to be bigger than the second number.
Answer: (1)revolving credit, (2)installment account,& (3)charge card
Explanation:
(1)Borrowers have a fixed credit line that is replenished as the outstanding balance is paid off.

(2)Borrowers have to make regular payments under fixed terms.

(3)Consumers can shop using credit at specific locations.