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user100 [1]
3 years ago
15

A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between tha

t currency and other currencies is determined by the reference currency exchange rate. Multiple Choice pegged exchange currency board fixed exchange floating exchange
Business
1 answer:
hammer [34]3 years ago
5 0

Answer:

pegged exchange

Explanation:

Pegged exchange rate  -

<u>It is also known as the fixed exchange rate . </u>

It is a type of the exchange rate in which the value of the currency for the other country's currency value or could be the measure of other monetary like the gold , is known as pegged exchange rate .

hence , from the question ,

The correct term for the given statement of the question is pegged exchange rate .

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Brady Company entered into these transactions during May 2022, its first month of operations.
Monica [59]

The effect of each transaction on the accounting equation is to be shown in the attachment below.

The following information should be considered:

  • In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
  • It determined the financial position, performance of the company.
  • It is known as the presentation of the balance sheet.

In this way, the accounting equation should be prepared.

Learn more: brainly.com/question/14689492

4 0
2 years ago
If someone introduces himself using a formal introduction, you should _____.
stich3 [128]

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

6 0
2 years ago
During the year, Cheng Company paid salaries of $24,000. In addition, $8,000 in salaries has accrued by the end of the year but
Burka [1]

Answer:

Correct answer is D. Credit to Salaries Payable for $8,000

Explanation:

Based on the basic underlying guideliness in accounting, specifically matching principle. All income and expenses should be reported during the period it incurred. Thus, all expenses incurred during the period even though it wasn't paid yet shoud be recorded to the book and that's the moment that the year-end adjusting entry is necessary.

On the above given problem, the salaries paid of $24,000 is presumed to have been recorded in the book already. Because it incurred and paid within the calendar period. In addition, the salaries accrued by the year end needs year-end adjustment<em> to recognize the salaries expense applicable for the period</em>. Journal entry of it is to debit salaries expense and credit salaries payable in the amount of $8,000.

6 0
3 years ago
Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are
Katyanochek1 [597]
<span>Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are </span><span>complements in production; by-products. C</span>eteris Paribus<span> is a Latin phrase meaning "all other things remaining equal".  It is commonly used in economics.  </span>
6 0
3 years ago
A sales manager at SFB Industries would like to import leads from a recent event. To ensure efficiency, she would like these to
Sauron [17]

Answer:

3) Create a lead assignment rule

Explanation:

Salesforce uses lead assignment rules to define which sales rep is responsible for generating and supporting a sales lead (potential sale). Each organization is responsible for setting up the specific criteria used to assign sales leads. By using assignment rules this process can be automated.

For example, your lead assignment rule may be based on territory or sales status.

3 0
3 years ago
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