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Zigmanuir [339]
3 years ago
10

What is Accounting and bookkeeping ​

Business
1 answer:
Shalnov [3]3 years ago
6 0

Answer:

Book keppening is the recording of finance transaction, and is part of the process of accounting in business

The process or work of keeping financial record is called accounting

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Net domestic product (ndp) equals the output of the economy (gdp) ________ the depreciation of the nation's capital goods. this
dybincka [34]
<span>Net domestic product (NDP) equals the output of the economy (GDP) minus the depreciation of the nation's capital goods. This is an indicator of how much a nation must "invest" to continue that current GDP.

To solve for the NDP your equation would be:
NDP = GDP - depreciation
When you are finding the NDP of something, you are commonly referring to a house, vehicle or the life span of a machine. </span>
5 0
4 years ago
A customs duty is best described as a ____________. a. tax paid on exported goods c. fee paid by countries that wish to implemen
Aneli [31]
A customs duty is best described as a B.) TAX PAID ON IMPORTED GOODS.

This tax is levied to increase the state revenue as well as protect domestic businesses that are of the same industry as those imported goods.

5 0
3 years ago
Which best explains why banks consider interest on loans to be important?
serious [3.7K]
Interest help them cover businesses costs
8 0
4 years ago
Assume that the yen/dollar exchange rate quoted in London at 3:00 p.m. is ×120 = $1, and the New York yen/dollar exchange rate a
Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

<u>The answer is </u><u>b.</u>

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the <u>imbalance in the two prices</u> on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

8 0
3 years ago
Complete the following sentence.
babunello [35]

Answer:

The answer is "Mission".

Explanation:

Vision is a dream. In fact, it is the dream of the founders of where the business will go and what it will do!

Mission is the foundation of realization of the Vision and afterwards the organizational strategies and objectives are created based on the mission.

having a realist and attainable mission is a must for an organization to thrive!

4 0
3 years ago
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