The use of paper money a. people trust paper money more than metal coins. b. Improves the Durability of the currency

Q: The future value is the same concept as the way money grows in a bank ·count True or falco2

A: Time, value of money refers to a concept used for evaluating the viability of the project which is…

Q: 2. Should you use a credit card when you can pay cash? Explain your reasons.

A: A credit card provides the holder access to funds for their use for which they have to pay later. It…

Q: Define currency manipulator

A: Answer: Currency manipulator means a mark or a label given by US government departments, including…

Q: decrease in reserve requirements could lead to an    A. increase in bank lending.   B. increase…

A: The Money supply and demand of money is affected by reserve requirement of bank which are placed by…

Q: ESSAY on "Using your Credit Card/s as a Leverage"

A: In today's fast-paced world, credit cards have become an integral part of our financial lives. They…

Q: Which one of the following choice is not one of the ways to transfer savings to those in needs of…

A: Person to person lending is not a way to tarnsfer savings form those who needs funds.

Q: After removing the Change Fund, a cash shortage exists if: a.the Petty Cash Fund is greater than the…

A: To meet daily expenses which are insignificant in nature, organisation keeps some amount of change…

Q: Banks improves the liquidity of the bank by

A: The correct answer is c. Generating additional income from investment

Q: Money acts as a which makes it easier to save and invest

A: money has basically three properties one is store value, act as medium of exchange and has unit of…

Q: What is a question that should be asked about accounts payable when forecasting? a.) What are the…

A: Accounts payable mirrors the obligation of a business to the leasers or providers, if there should…

Q: desrcibe credit card security and why its imporant

A: Credit Card Security: A form of credit card known as a secured credit card is one that requires the…

Q: Why is it preferable to receive cash sooner rather than later?

A: Definition:   Time value of money: The time value is measured with the difference between an…

Q: When both deposit and loan interest rates increase at the same speed in the market, a bank tends to…

A: When both deposit rates and lending rates increase the bank tends to make profit out of this. Always…

Q: If a credit is money coming to you, why is it called a credit card when money is removed from your…

A: Under the financial accounting, each account with some balance will either have debit balance or…

Q: or something to satisfy the medium-of-exchange function of money, it must be  readily exchangeable…

A: Medium of exchange means that money should be used as an intermediary between a buyer and seller.…

Q: Which of the following is NOT an advantage of depositing funds into a bank account (compared to…

A: Depositing funds with the banks is considered the safest investment and due to less risk it fetches…

Q: Depositing money into a commercial bank is investing in a

A: Step1: Commercial banks form part of an organized money market. Commercial banks deals in money and…

Q: Markets require a physical location to permit sellers to supply money to buyers for goods and…

A: Trade between buyer and sellers can be facilitated through the markets. The market can be referred…

Q: Which type of information asymmetry explains why bad credit risks are more likely to seek bank…

A: Adverse selection, as a rule, alludes to a circumstance where dealers have data that buyers do not…

Q: Concerning factoring, all of the following are true except? *         factoring is done at a…

A: Introduction: Factoring is a form of financing in which a company sells its accounts receivable…