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djverab [1.8K]
2 years ago
11

Which function of money describes its ability to help people compare what

Business
1 answer:
Blababa [14]2 years ago
8 0

Answer:

C. Measure of value

Explanation:

Measure of value or unit of account is one of the four main functions of money.  Under this function, money makes it possible to compare the values of different goods and services. Producers of goods and service providers apply various techniques to assign a monetary value to their products. Comparison in value, therefore possible as with money as the common denominator.

Because money is divisible in small units, it is possible to attach a monetary value to a good or service regardless of its size or worth.

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One major advantage of limited liability is that it:________.
Finger [1]

Answer: c. shields the personal assets of owners from liability claims.

Explanation:

An advantage of limited liability is that it shields the personal assets of owners from liability claims.

For a limited liability company, it should be noted that the liabilities of the members in the company for the debts that are incurred are limited only to the investment of the members. Personal assets are not affected if the company first into debt.

3 0
2 years ago
If a firm experiences productivity gains from employee specialization, its marginal cost_________.
postnew [5]

Answer:

correct option is C. decreases at a decreasing rate.

Explanation:

solution

when an organization gain productivity than its marginal cost will be decreases at a decreasing rate  

as here when initial specialization of employee is lead to an significant reduction in the marginal costs though the more specialized people get

and less additional amount is save due to the  specialization

so here correct option is C. decreases at a decreasing rate.

4 0
3 years ago
When using straight line amortization on premium bonds:_______.
Vsevolod [243]

Answer: the same interest income is reported each year

Explanation:

The straight-line amortization method is a simple way to amortize a bond as an equal amount of interest are allocated over every accounting period.

When using straight line amortization on premium bonds, the same interest income is reported each year. Therefore, option A is the best answer.

5 0
3 years ago
The _____ reports the financial position of a firm by identifying and reporting the value of the firm's assets, liabilities, and
Verdich [7]

Answer:

balance sheet

Explanation:

4 0
2 years ago
What are the four purposes of market research ??
Mkey [24]

Answer:

Some of the overarching goals that market research can help organizations accomplish, include: making important business decisions, securing investments and funding, determining new business opportunities, and even avoiding business failures.

Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.

7 0
2 years ago
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