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3 years ago

How can you determine the cost of something without concidering mearly its monitary value

Business

1 answer:

anastassius [24]3 years ago

5 0

Answer:

We can count the amount of money we need to spend to obtain that thing.

Explanation:

Monetary value is reliant on the currency that we need to exchange in order to a certain product. Currently, this type of value implementation is the one that commonly used by most people in all of our transactions.

For example,

Let's say that you go to Walmart and see a toothbrush with $3 price tags, without any additional discount. This means that the monetary value of that toothbrush is $3. That's it.

You might be interested in

Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States

tresset_1 [31]

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

Learn more here: brainly.com/question/12008240

7 0

2 years ago

General Staff immediately come together and begin developing strategies. General Staff Chiefs are: Evaluating staffing and super

Lina20 [59]

Select all that apply.

Common Terminology

Management by Objectives

Incident Action Planning

Manageable Span of Control

Unified Command

Accountability

Answer:

Management by Objectives

Incident Action Planning

Manageable Span of Control

Explanation:

Considering the information given in the question, the NIMS Management Characteristics I am supporting are:

1. Management by Objectives

This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.

2. Incident Action Planning

This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.

3. Manageable Span of Control

This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.

7 0

2 years ago

Replenishing the Petty Cash Fund

liq [111]

Answer:

Explanation:

Postage expense. 1320

freight out. 1140

miscellaneous exp. 150

Cash. 2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0

2 years ago

During the first month of operations, , Inc., completed the following transactions:

forsale [732]

Answer:

General Ledger

Jul 2

Cash $68,000 (debit)

Common Stock $68,000 (credit)

Cash received in exchange for common stock

Jul 3

Supplies $700 (debit)

Equipment $11,800 (debit)

Accounts Payable $12,500 (credit)

Supplies and Equipment purchased on credit

Jul 4

Cash $5,400 (debit)

Service Revenue $5,400 (credit)

Cash received for service rendered

Jul 7

Land $33,000 (debit)

Cash $33,000 (credit)

Cash paid for acquisition of Land

Jul 11

Accounts Receivable $4.100 (debit)

Service Revenue $4.100 (credit)

Service rendered on credit

Jul 16

Accounts Payable $11,800 (debit)

Cash $11,800 (credit)

Settlement of Account Receivable

Jul 17

Advertising Expense $570 (debit)

Cash $570 (credit)

Cash paid for Advertising

Jul 18

Cash $2,000 (debit)

Account Receivable $2,000 (credit)

Cash received from Account Receivable

Jul 22

Water and Electricity Expenses $400 (debit)

Cash $400 (credit)

Cash paid for utilities

Jul 29

Cash $2.700 (debit)

Service Revenue $2.700 (credit)

Cash received for Services Rendered

Jul 31

Salaries Expenses $2,300 (debit)

Cash $2,300 (credit)

Cash paid for Salaries

Jul 2

Dividends $2,500 (debit)

Cash $2,500 (credit)

Dividends paid in cash

Explanation:

See the Journals and narrations that i have prepared above.

4 0

3 years ago

An extended period of little or no growth in gdp, wages, and prices is a period of?

dolphi86 [110]

An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.

When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.

Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.

Hence, stagnation in economy can occur due to a number of causes.

To learn more about stagnation were:

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3 0

1 year ago