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Leona [35]
3 years ago
15

Match the given terms to the appropriate statement relating to the various functions of money. Each term is used only once.

Business
1 answer:
chubhunter [2.5K]3 years ago
7 0

Answer:

A,)Unit of Account

B)Standard of Deferred Payment:

C)Store of Value

D)Medium of Exchange:

Explanation:

.

1. Unit of Account ( this explains that good can be measured for a value)

2. Standard of Deferred Payment( it explains that one can make purchase now and pay later)

3. Medium of Exchange( overall purchasing power is attributed to money)

4. Store of Value( Money is used to complete the transaction between the buyer and seller.

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The relationship between the benefits a consumer receives from a product or service and what they give up to obtain those benefi
Sati [7]

Answer: <em>Option (A) is correct </em>

Explanation:

Customer satisfaction can be referred to as a measure of how commodities and services provided by an organization meets customer expectation. On the other hand, it is defined as "the no. of individuals, or as % of total consumers, whose experience with an organization, its commodities, or its services meets satisfaction goals." It can also be referred to as a rapport between the benefits an individual receives from a commodity and its opportunity cost in order to obtain these benefits.

6 0
3 years ago
A bank has the following balance sheet: SETS RETURN % MILLION $ LIABILITIES COST % MILLION $ Cash 0.00 35 Fixed-rate Deposits 3.
snow_tiger [21]

Answer:

$1,140,000

Explanation:

Calculation to determine what the bank's NII will change by

First step is to calculate the bank's one-year repricing gap

Using this formula

Repricing gap=RSAs - RSLs

Where,

RSAs =Securities+Short-term loans

RSLs =Variable-rate Deposits+Fed funds

Let plug in the formula

($ Million)

Repricing gap=[$300 + $225] - [$260 + $75]

Repricing gap=$190

Now let calculate what the bank's NII will change by

Using this formula

Change in bank's NII=Repricing gap*Interest rates

Let plug in the formula

Change in bank's NII=$190,000,000*0.0060

Change in bank's NII =$1,140,000

Therefore If the spread effect is zero and all interest rates increase 60 basis points, the bank's NII will change by $1,140,000

7 0
3 years ago
According to the Level-5 leadership pyramid, a manager turns into an executive who is capable of
Vedmedyk [2.9K]

Answer:

A. Level 5.

Explanation:

The description stands for the top of the pyramid.

The term of the pramyde of leadership along with their definition were created by Jim Collins in his good "Good to Great"

Being:

Level 1 Leadership: Highly Capable Individual

Level 2 Leadership: Contributing Team Member

Level 3 Leadership: Competent Manager

Level 4 Leadership: Effective Leader

Level 5 Leadership: Great Leader

The great leader has all the expertise of the previous but, also a combination of being <em><u>strong-willed yet humble</u></em>. It is this combination of will and humility that makes them great. It also sets them apart from all the other levels of leadership.

According to the author those are the lider which attain greatness for teh company

5 0
4 years ago
Western company begins the year with $50,000 of inventory on hand. During 2018, western purchases additional inventory for $100,
slava [35]

Answer:

Debit cost of goods sold $40,000

Explanation:

As with the details of inventory we have:

Opening value of inventory = $50,000

Purchases = $100,000

Thus, total inventory = $150,000

On the closing date we have the balance of inventory in hand = $110,000

Therefore, cost of goods sold = Total inventory - Closing

= $150,000 - $110,000 = $40,000

Cost of goods sold is an expense, and shall be debited.

8 0
3 years ago
​Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. It has budgeted​ $40,000 for this purcha
arlik [135]

Answer:

idk ............,......

3 0
3 years ago
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