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3 years ago

Which of the following accurately describes the process of currency

Business

1 answer:

DIA [1.3K]3 years ago

6 0

Answer:

C. Money from one country is bought using money from another

Explanation:

A currency exchange is seen as a type of business that has the right to exchange one currency for another to its customers or between two or.more different countries. Although the right to exchange this currency are often legal.

Therefore doing CURRENCY EXCHANGE the exchange rate is often how much of a country's currency have to buys another foreign currency which is why for some countries, exchange rates tend to constantly change while some countries tend to use a fixed exchange rate which does not often change .

Hence CURRENCY EXCHANGE enables money from one country to be bought using money from another.

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In presentation mode, what happens when you switch between different worksheets?

liq [111]

Presentation mode will be maintained on the display. The presentation mode will continue to be active when switching between worksheets.

<h3>What is a presentation mode?</h3>

Users who need uninterrupted use of their software might use the presentation mode option. It assists in removing any bothersome pop-up windows, reducing CPU consumption, and preventing any disruption from antivirus operations.

<h3>How do I turn on presentation mode?</h3>

Use the shortcut keys Win + X on the keyboard. Select Mobility Center by clicking on it. To turn it on, select the Turn on button under Presentation Settings. Presentation Mode has been turned on.

<h3>What use does presentation mode serve?</h3>

In Present view, the audience may see your slides on the main screen while you control the show on a screen that is only accessible to you.

Learn more about presentation mode: brainly.com/question/14823196

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2 years ago

You have saved $120,000 for your child to attend college. If it is in an account earning an annual rate of 8%, how much can yo

harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) / [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]

P = 36,230.5

3 0

3 years ago

Senator dogood is pushing for the construction of a new military base in his state even though, from the standpoint of national

Katarina [22]

This is a classic example of what is termed "Pork" or "Pork barrel politics". Pork is when a legislator tries to divert federal funds to projects in their districts or State. These funds provide jobs and income for his constituents who the will repay him with votes in the next election.

5 0

3 years ago

Making adjustments to general ledger accounts is an application of the Matching Expenses with Revenue accounting concept.

svetoff [14.1K]

Answer:

A. True

Explanation:

This two principles i.e matching principle and the revenue recognition principle are interrelated to each other

The matching principle is that the principle in which the expenses of a particular period and the revenues incurred of a particular year should be matched.

Whereas the revenue recognition principle stated that whenever the revenue is earned it should be recorded whether cash is received or not

So for recording the adjusting entries, these two principles are required

6 0

3 years ago

Consumer Price Index (CPI) is an

Maurinko [17]

Answer:

Explanation:

The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products

3 0

3 years ago