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Ivenika [448]
3 years ago
10

Which of the following most accurately explains why commodity money has

Business
1 answer:
butalik [34]3 years ago
5 0

Answer:

The correct answer is (D)

Explanation:

The most and critical use of money is that it can be used as a medium of exchange. Likewise, the main reason why money is considered as an essential factor is that it can be traded for any good or service. So, commodity money is a good that can be used as a medium of exchange or for some other purpose.

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One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f
MA_775_DIABLO [31]

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. <em>This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.</em>

7 0
3 years ago
Which of the following statements concerning family businesses is correct?
miv72 [106K]

Answer:

3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.

Explanation:

A key success factors in family firms is understanding the culture. This is usually the foundation of the business.

So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.

Also loyalty tends to play a part, family members have close relationships which are long-term.

7 0
3 years ago
A good handler wants to use a thermometer to measure the air temperature inside of a cooler. To what temperature should the ther
navik [9.2K]

Answer:

2°F, or ±1.0°C

Explanation:

5 0
3 years ago
On april 1, griffith publishing company received $1,548 from santa fe, inc. for 36-month subscriptions to several different maga
Fudgin [204]
Given:
April 1 - <span>Griffith publishing company received $1,548 from Santa Fe, inc. for 36-month subscriptions.
</span><span>
1,548 / 36 months = 43 per month.

Assuming that the amount is paid in cash.
       
                               Debit                  Credit
April 1:                       
Cash                     1,548
     Unearned Revenue                     1,548

April 30:
Unearned Revenue   43
      Revenue Fees                                 43

May 31:
Unearned Revenue    43
      Revenue Fees                                 43

June 30:
Unearned Revenue    43                
      Revenue Fees                                 43

</span>July 31
Unearned Revenue   43
      Revenue Fees                                 43

August 31:
Unearned Revenue    43
      Revenue Fees                                 43

September 30:
Unearned Revenue    43                
      Revenue Fees                                 4<span>3
</span>
October 31:
Unearned Revenue   43
      Revenue Fees                                 43

November 30:
Unearned Revenue    43
      Revenue Fees                                 43

December 31:
Unearned Revenue    43                
      Revenue Fees                                 4<span>3
</span>
Book Value of Unearned Revenue is: 1,548 - (43*9) = 1,548 - 387 = 1,161

Since it is a monthly subscription, the unearned revenue must always have an adjusting entry at the end of the month because Griffith company has already earned some of the prepaid fees. 
3 0
3 years ago
A differentiator will always benefit when products have become commoditized. True or False
Savatey [412]

Answer:

false

Explanation:

a differentiator will always benefit when products have become commoditized

8 0
3 years ago
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