What are the similarities of money and currency?

Q: What are the factors that may influence the use of money vs credit cards?

A: There are several factors that influence someone's decision to buy goods or services through money…

Q: What is the purchasing power exchange rate?

A: Purchasing power exchange rate is the rate at which one currency is converted into another currency…

Q: What is hard currency?

A: Hard currency: It alludes to cash published by a country seen as politically and financially steady.

Q: What are the trade bills?

A: Trade bills are also called Trade Acceptance / Accepted draft

Q: Why does a money has an intristic value and a currency doesn't have an intristic value?

A: The estimate of an asset's worth based on a financial model is known as the intrinsic value in…

Q: How can they say that the currency is portable, durable, divisible, and fungible ?? (Kindly…

A: Currency is a medium of exchange for goods and services. In short, it's money, in the form of paper…

Q: What is currency appreciation?

A: It is defined as the increase or improvement in the estimation of a national money over the…

Q: What are two benefits of a single currency like the Euro?

A: In finance, a currency is a medium through which goods and services are exchanged between the buyers…

Q: What is home currency?

A: Home currency is a currency that is functional in the country in which business is situated. For…

Q: Define domestic currency

A: The domestic currency is a currency that is the local currency for every country. Every Trade…

Q: What are the two broad categories of the various currency regimes? What are thesubgroups of those…

A: The two broad categories of currency exchange regimes are as follows: 1. Floating exchange A…

Q: What does it mean if a forward currency is selling at a discount relative to the dollar

A: Given : Forward currency is selling at a discount relative to the dollar.   By Forward discount we…

Q: Instruments of money market .Explain it

A: Money Market are short-term instruments used for financing. These instruments aim to increase the…

Q: What is forward exchange rate?

A: A rate through which individuals or companies convert their domestic currency with the other…

Q: An exchange rate is simply the rate at which one currency is converted into another True False

A: Currency is referred as the medium of exchange for which goods and services are exchanged. It is the…

Q: What is an exchange rate?

A: Exchange is the price of one currency derived in another form of currency.

Q: What is currency manipulation?

A: Introduction: Currency manipulation is considering as when countries purposely impact the exchange…

Q: What is cross-exchange rate? Give an example.

A: The exchange rate expresses the value of a currency in terms of another currency. It determines the…

Q: What are the distinguishing features of a money market instrument?

A: money market: It refers to trading in very short term debt investments.

Q: define and describe the concept of money multiplier.

A: The Money Multiplier refers to how an initial deposit can lead to a bigger final increase in the…

Q: Problem : How are revenues related to current assets? In regards to exchange rates, what's the…

A:

Q: posit multiplier and money multiplier ? Explain.

A: Deposit Expansion Multiplier System The deposit expansion multiplier is also known as Deposit…

Q: What is the difference between the time periods being measured with real income and exchange rates?

A: When referring to an individual's income, real income is the amount of money earned after inflation…

Q: Explain assumptions related to monetary unit?

A: As per the money measurement assumptions, only quantifiable transactions are recorded in the books…

Q: What is currency depreciation?

A: Currency depreciation is the depreciation in value of a currency in relation to supply and demand in…

Q: What is nonconvertible currency?

A: Convertible currency: A currency that can be easily swapped into another currency for any…

Q: Money measurement concept

A: Money Measurement: According to the money measurement principle, a firm should only record an…

Q: Explain monetary policy.

A: Monetary policy is the plan of action of a country's central bank (CB). The main aim is to control…

Q: Identify the relationship between money, credit?

A: Money is considered as the financial medium exchanged between parties that enable the transaction.…

Q: What are the credit transfer markets?

A: Financial market is called as a place where all securities such as bonds, shares, debentures etc.…

Q: What is meant by the term notes payable?

A: Notes payable is an account that details the specifics of a borrowed amount in note form. Its a…

Q: Explain how various  forms of  aribtrage can remove discrepancies in the pricing of currencies

A: Arbitrage is defined as the process of purchasing the security in one market and sells them in some…

Q: ith practical example ?

A: Currency risk, also called foreign-exchange risk or exchange-rate risk, is the risk that changes in…

Q: The functional currency is ?

A: Functional currency:

Q: Show the different arguments put forward by the proponents and opponents of currency hedging?

A: Following reasons are given by opponents of hedging: Managers cannot outguess the market.…

Q: is a money market instrument.

A: Money Market Instrument: These instruments have a period of maturity of up to one year. The primary…

Q: hat are the tools of monetary policy?

A: The monetary policy is the policy that is adopted by the central banks or the monetary authorities…

Q: Show the different arguments put forward by the proponents and opponents of currency hedging?

A: Currency Hedging: Currency Hedging is the act of getting into a financial contract in order to guard…

Q: Discuss the following types of currency risks giving suitable examples: i. Economic risk ii.…

A: EXPLANATION:- Currency Risk Currency ratio is a measurement of loosing money as a result of…

Q: What Is The Difference Between Real Money & Nominal Money?

A: Real money: It refers to the supply of nominal money that is adjusted with respect to the variation…

Q: What is free trade credit?

A: Trade Credit is a type of credit financing extended by the trader or supplier of goods and services…

Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.