The monetary policy of namdian is determined - id3906983 от jaaja 22.03.2021 05:11

Question

Business: The monetary policy of namdian is determined by the namdian central bank. the local currency is the dia. namdian banks collectively hold 100 million dias of required reserves, 25 million dias of excess reserves, 250 million dias of namdian treasury bonds, and their customers hold 1,000 million dias of deposits. namdians prefer to use only demand deposits and so the money supply consists of demand deposits. refer to scenario 29-1. suppose the central bank of namdia loaned the banks of namdia 5 million

jaaja · Accepted Answer

Explanation: The approaches used to account for the material costs of the reworked units are:

1. The cost of the reworked items can be charged to the manufacturing cost for the current period as the rework was done during the current period.

2. The cost of the reworked items can be expensed under a separate expense head which will eventually be treated with the current periods profit & loss account.

The monetary policy of namdian is determined by the namdian central bank. the local

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