Answer:
D. money that is authorized by a central bank and that does not have to be exchanged for gold or some other commodity money
Explanation:
By definition, fiat money is a physical money that is made a legal tender by the government or other authoritative figure.
It is not backed by any physical commodity like silver or gold but only by the government that distributed it . Additionally, if inflation occurs in a country that uses fiat money as a legal tender, the owners will go at a huge loss since it cannot be redeemed and in worst case scenario such as hyperinflation, it will be worthless.
Answer:
1.74%
Explanation:
Mean number of hours (μ) = 2,220 hours
Standard deviation (σ) = 285 hours
Assuming a normal distribution, the z-score for any number of hours a network stays up, X, is given by:
For X = 2,800 hours, the z-score is:
A z-score of 2.11 corresponds to the 98.26th percentile of a normal distribution. The probability that the network will stay up for 2,800 hours before it fails is:
The probability is 1.74%.
Manufacturing cost is the total manufacturing cost of goods completed during a particular accounting period. These costs include direct materials, direct labor, and manufacturing overhead for products transferred from manufacturing to finished goods inventory.
The manufacturing cost of goods is important. Because it gives management an overview of the total cost of production and whether that cost is high or low. By better understanding the cost of goods produced, the company can make adjustments to maximize overall profitability.
Correct answer $46400
Working
Unadjusted cost of goods sold $ 48,000
Add: Ending finished goods $ 8,400
Less: Beginning finished goods $ (10,000)
Cost of goods manufactured $ 46,400
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Answer:
sunk costs like auto insurance (in this case) do not increase as driving increases
Explanation:
In the case when the uber driver faces cost for driving so the sunk cost such as insurance that contribute $0.50 but the other rider pay lower than $0.50 per mile so here the driver agrees as the sunk cost would not increased in the same way like driving rises.
Therefore the above represent the answer
Bank reserves include vault cash and deposits with the Federal Reserve
<h3>What is
cash?</h3>
Cash is money in the physical form of currency, such as banknotes and coins, in economics. Cash is a current asset in bookkeeping and financial accounting that consists of currency or currency equivalents that can be accessed immediately or nearly immediately.
Cash (currency or coins) is legal tender that can be used to exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company.
Money in checking accounts Money in savings accounts Drafts from banks Orders for money Petty cash
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