Business High School

The action of keeping financial accounts is called

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Answers

Answer 1

Answer:

How Accounting Works

Accounting is one of the key functions for almost any business. It may be handled by a bookkeeper or an accountant at a small firm, or by sizable finance departments with dozens of employees at larger companies. The reports generated by various streams of accounting, such as cost accounting and managerial accounting, are invaluable in helping management make informed business decisions.

Explanation:

Related Questions

explain demand of money​

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Answer:

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.

Explanation:

Start-up costs do NOT include:
OA. Space for the business
OB. Equipment and supplies
OC. Refinancing
OD. Labor expenses

Answers

answer C bc process of elimination

The expected rate of change in the nominal dollar/euro exchange rate is best described as Group of answer choices the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate plus the European expected inflation.

Answers

Answer:

the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

Explanation:

Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

Hence, the expected rate of change in the nominal dollar/euro exchange rate is best described as the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

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