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denpristay [2]
3 years ago
12

Name the four functions of money ​

Business
1 answer:
SSSSS [86.1K]3 years ago
6 0

Answer:

Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.

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A person who files a lawsuit because they have a legal injury is called what ?
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It is often called a personal injury lawsuit.

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Why do companies use a predetermined overhead rate rather than an actual overhead rate?.
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An actual overhead is not known until the end of the period

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2 years ago
Matching is:________.
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A. It is a valuation method.

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The matching principle is used to assign same costs with the same revenues. For example the inventory bought to make the product would be assigned like wise to assure the guideline of matching principle.

It is a valuation method.

It is used to evaluate the accounting procedures.

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3 years ago
Why do monopolies engage in price discrimination when possible? Enumerate and explain the nature of possible impediments to pric
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Monopolies engage in price discrimination possible because they can get away with it.

A monopoly is where only one seller sells a particular good. Because of this, the seller has the power to dictate the price of the good to the extend of giving the good the highest price possible that a consumer is willing to pay. 

Consumers must pay the price of said product because they can not get the same product from any other seller.
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