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serious [3.7K]
2 years ago
8

What is the process of converting the currency of one country into the currency of another country?

Business
1 answer:
Arada [10]2 years ago
5 0

Answer:

Foreign exchange

Explanation:

The process of converting the currency of one country to another is known as foreign exchange or Forex. Converting or exchanging to a particular currency is buying that currency. One needs to have their home currency or any other currency to convert it to the desired currency.

If both currencies have equal strengths, then one unit of a currency should exchange with one unit of the other. The exchange rate would be one. Since currencies have different strengths, they convert or exchange at different rates.

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This question explores the calculation of the unemployment rate. You will be provided some imperfect employment data for four di
Alik [6]

Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

<u>To calculate the unemployment rate, we need to use the following formula:</u>

<u></u>

Unemployment rate= unmeployed population / labor force

Unemployment rate= 10/75

Unemployment rate= 0.13

7 0
3 years ago
What is meant by assessment? Activities that occur between two or more businesses. Provides services for connecting network reso
stiks02 [169]

Answer:Documenting rules, procedures, and guidelines to be tested against a system.

Explanation:

Assessment means to analyzing  someone or something  in respect of its quality, quantity and other such characteristics. Generally, assessment is done by comparing the actual results with some predetermined criteria .

Assessment is done by firms to know whether there is a problem, where it is and how it can be solved so that future losses could be saved.

Hence from the above we can conclude that the correct option is C .

6 0
3 years ago
Most banks now have customer relationship software that, when a customer contacts the bank, tells the service representative wha
Alenkinab [10]

Answer:

market penetration

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this is a market penetration growth strategy. Selling more of an established product or service to customers that already purchase the product is a market penetration growth strategy. This is the case as long as the product is not newly developed.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
2 years ago
Seminole Company began year 2017 with 23,000 units of product in its January 1 inventory costing $15 each. It made successive pu
Rom4ik [11]

This question is incomplete.

The complete question, answer & explanation for this question is given in the attachment below.

4 0
3 years ago
Label each of the items listed with the abbreviation of the financial statement on which it appears. Items may appear on more th
Zinaida [17]

1. Accounts receivable are found on the balance sheet.

2. Notes payable are found on the balance sheet.

3. Advertising expense is found on income statement

4 0
3 years ago
Read 2 more answers
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