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mart [117]
3 years ago
11

Which one of the following is not a function of​ money? A. Medium of exchange. B. Store of value. C. Open market operation. D. U

nit of account. If something is to be considered as​ money, it has to fulfill ▼ only the medium of exchange function any three functions all four functions .
Business
1 answer:
Lisa [10]3 years ago
3 0

Answer:

The correct answer is C

Explanation:

Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.

In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.

Therefore, the one which is not the function of money is that it has the operations in the open market.

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Why should you avoid the use of sarcasm , cliches, and idioms in business letters?
Anni [7]

Answer:

a. because their use does not meet business English standards.

Explanation:

3 0
3 years ago
The Fire Department of a given city received an appropriation in the amount of $10,000,000 for the fiscal year ended June 30, 20
maxonik [38]

Answer: $‭7,265,000‬

Explanation:

Question is to find the balance remaining for the Police at year end.

Please find the table attached:

= 10,000,000 - 1,800,000 + 1,790,000 - 1,750,000 + 975,000

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6 0
3 years ago
The list of the tasks, duties, and responsibilities that a job entails is known as a _____. multiple choice utilization analysis
mash [69]
<span>This is known as a job description. A job description informs potential employees about the duties and responsibilities they will have if hired. The job description also tells potential employees about the position's working conditions and qualifications required and other specifications.</span>
8 0
3 years ago
Starr Corporation loaned $600,000 to another corporation on December 1, 2020 and, in exchange, received a 3-month, 8% interest-b
prisoha [69]

Answer:

                          Adjusting entry

Date    Account Title                      Debit        Credit

           Interest receivables           $4,000

           ($600,000*8%*1/12)

                   Interest revenue                            $4,000

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3 0
3 years ago
Companies Heidee and Leaudy have the same total assets, sales, operating costs, and tax rates, and they pay the same interest ra
stealth61 [152]

Answer:

E. If the interest rate the companies pay on their debt is more than their basic earning power (BEP), then Company Heidee will have the higher ROE.

Explanation:

Base on the scenario been described in the question, we saw that between the two companies, Heidee and Leaudy, they both have the same total assets, sales, operating costs, and tax rates, and they pay the same interest rate on their debt but company Heidee has a higher debt ratio, this will make company Heidee has a higher ROE because of its higher ratio of debt

3 0
3 years ago
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