Answer:
In the first instance money serves as <u>Unit of account</u>
In the second instance money serves as <u>Medium of Exchange</u>
Explanation:
<em>Money as Unit of Account:</em> Money is a standard unit of account which means that money is common standard for measuring relative worth of goods and services.
In the first instance the super Slurpee is measured against the money and it is decided that amount of $1.39 is equal to the worth of super Slurpee.
<em>Money as Medium of Exchange:</em> Money acts as medium of exchange for the transactions to occur.
In the second instance, after the worth of super Slurpee has been decided in terms of money, $1.39 are exchanged for the super Slurpee.
Answer: the gains from trade; protectionism
Explanation:
The common belief among economists is that it is better to embrace the gains from trade, and then deal with the costs and trade offs with other policy tools, than it is to engage in protectionism.
Economists believe that when countries engage in trade together, it brings about increase in the world's output, better innovation and better product quality hence, they do not really support protectionism.
All of the following are benefits of workforce diversity except d. attraction and retention of the best talent
<h3>What is Diversity?</h3>
This refers to the different mix of people or things that come together to achieve a common goal, especially in a workplace.
Hence, we can see that All of the following are benefits of workforce diversity except d. attraction and retention of the best talent
Read more about workforce diversity here:
brainly.com/question/2062688
#SPJ1
Answer:Environmental Scanning
Explanation: Environmental Scanning is the process of acquiring information about trends, patterns, occasions and relationships related to a business' internal and external surroundings. The function of doing this is to confirm forecasts of internal and external elements that will affect a business' success. It also helps managers, such as Maureen, to identify threats and opportunities that are present in the environment. And in doing so Maureen is then able to decide the future path of her business.
Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.