Answer: Floating exchange rate
Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.
Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.
A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.
Answer:
False
Explanation:
Credit unions are not-for-profit organizations that exist to serve their members.
A over budgeting by 2,500
Answer:
A) Type of Buying Situation
Explanation:
KAM refers to the Key Account Management and it represents an approach in product sales where the manufacturer or supplier of a product works in close contact with the consumer or client simply to get a better understanding of their common goals and also ensure that both parties achieve their objectives.
Since the objective of KAM is find out the buyer's goal or objective, the right choice is Type of Buying Situation.
Type of Buying Situation is an aspect of consumer behaviour monitoring where the actions of individuals, organisations or groups and their product decisions ranging from use, buying options, processes among others are studied. This is done buy manufacturers to better meet the need of the consumers and the society at large.
The new task being employed, the modified rebuy and straight rebuy options are Type of Buying Situation Major Decisions.
Answer:
unearned revenue 1,900 debit
rent revenue 1,900 credit
Explanation:
collection of $5,700 to cover rent to February 28th from December 1st
Total of 3 month worht of rent.
5,700 / 3 = 1,900
At December 31th:
we will recognize the accrued rent revenue and decrease our unearned revenue by the same amount.