What are the three functions that money performs? Which of the following items perform some but not
Question:
What are the three functions that money performs? Which of the following items perform some but not all of these functions, and which perform all of these functions? Which of the items are money?
- A checking account at the Bank of America
- A dime
- A debit card
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Money acts as a medium of exchange is a unit of account ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Fitzgerald Company maintains a checking account at the Bank of the North. The bank provides a bank statement along with canceled checks on the last day of each month. The October 31, 2007 bank...
-
What are the three functions of an accounting system?
-
What are the three functions of adaptive control?
-
Consider constant marginal abatement cost for two firms: (a) Determine the optimal allocation for both firms when the damage function is convex, and when it is linear. (b) Is it possible to achieve...
-
Describe the five-step process for crisis risk assessment.
-
The emitting antenna of a \(100-\mathrm{kW}\) radio station radiates equally in all directions. What are the magnitudes \(E_{\max }\) and \(B_{\max }(a) 100 \mathrm{~m}\) from the antenna and \((b)...
-
Use the all-possible-regressions selection on the methanol oxidation data in Table B.20. Perform a thorough analysis of the best candidate models. Compare your results with stepwise regression....
-
On August 1, 2010, Christy Co. treasurer signed a note promising to pay $121,500 on December 31, 2010. The proceeds of the note were $114,000.00 rev: 05-10-2011 19.value: 15.00 points You did NOT...
-
In a thermally isolated environment, you add ice at 0C and steam at 100C. (a) Determine the amount of steam condensed (in g) and the final temperature (in C) when the mass of ice and steam added are...
-
The effects of developer strength (factor A) and development time (factor B) on the density of photographic plate film were being studied. Two strengths and two development times were used, and four...
-
What is money? Would you classify any of the following items as money? Store coupons for noodles Store coupons for noodles A $100 Amazon.com gift certificate Frequent flier miles Credit available on...
-
Monica transfers $10,000 from her savings account at the Bank of Alaska to her money market fund. What is the immediate change in M1 and M2?
-
One hundred turns of (insulated) copper wire are wrapped around a wooden cylindrical core of cross-sectional area 1.20 x 10-3 m2. The two ends of the wire are connected to a resistor. The total...
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. The National Highway Traffi c Safety Administration has the responsibility of...
-
A written statement that the seller is passing, or transferring, ownership to a buyer. a. bill of sale b. certifi cate of title c. condition s ubsequent d. condition pr ecedent e. estoppel f....
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. Under the terms of the Master Settlement Agreement, cigarette packages must contain a...
-
A common carriers nonnegotiable receipt for goods accepted for shipment. a. bill of sale b. certifi cate of title c. condition s ubsequent d. condition pr ecedent e. estoppel f. fungible goods g....
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. When one party to a contract receives notice of the other partys intent to breach, he or...
-
Without referring to any of the tables or your notes, give the symbol and the equivalent in grams for the unit. Dekagram
-
For all of the following words, if you move the first letter to the end of the word, and then spell the result backwards, you will get the original word: banana dresser grammar potato revive uneven...
-
A firms short-run supply curve is the same as _____ if it produces the good. A. Its marginal revenue curve B. The upward-sloping part of its marginal cost curve C. Its marginal cost curve above...
-
In the short run, the profit-maximizing firm will ________. A. Break even if marginal revenue equals marginal cost B. Make an economic profit if marginal cost is less than average total cost C. Incur...
-
At a market price of $12 a toy, how many toys does the firm produce and what is its economic profit in the short run? How will the number of firms in the market change in the long run? Figure 15.5...
-
Shahid Pakistan Limited (SPL) is engaged in the production of three products: J, K and L. Following is the extract from its latest annual management accounts: Description J Products K Total L Units...
-
John Company produces hats and sells them for $100 each. His cost to produce the hats are: DM 20 per unit DL 30 per unit VMOH 10 per unit FMOH 40,000 Selling expenses are $5 per unit and are all...
-
John Company produces hats and sells them for $100 each. His cost to produce the hats are: DM 20 per unit DL 30 per unit VMOH 10 per unit FMOH 40,000 Selling expenses are $5 per unit and are all...
Study smarter with the SolutionInn App