Fiat money a. may be used as a medium of exchange, but is not legal tender. b. is worthless. c. has no intrinsic value. d. refers to highly liquid assets that do not serve as a medium of exchange.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Fiat money a. may be used as a medium of exchange, but is not legal tender. b. is worthless. c. has no intrinsic value. d. refers to highly ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Kevin is excited because he has just signed an agreement to purKevin steel frames from a company at an excellent price and of very high quality.
Answers (1)
Who reports to the treasurer is responsible for paying suppliers?
Answers (2)
If you cut your prices by 10 percent and total revenues rise, the price elasticity of demand is a. zero. b. inelastic. c. less than 0.5 in absolute value. d. greater than 1 in absolute value.
Answers (1)
Ninety percent of businesses in the United States are family-owned and managed and account for 62 percent of total U. S. employment.
Answers (2)
Swan song is a spa that caters to the needs of small percentage of highly health conscious consumers. It offers state-of-the-art treatments in a luxurious setting Customers willing to pay a premium bc for its products and services A.
Answers (1)
New Questions in Business
What percentage of the 27.3 million businesses in the united states are small companies with less than 500 employees?
Answers (1)
Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness.
Answers (1)
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $90,900 and expected direct labor hours of 10,100 for the current fiscal year.
Answers (1)
The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000; beginning inventory $160,000; ending inventory $240,000; and gross profit $600,000.
Answers (1)
MacKenzie Company sold $300 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 1.5% service charge for sales on its credit cards and credits MacKenzie's account immediately when sales are made.
Answers (1)