Identify transactions involving money in our day-to-day life. -SST 10th

Identify transactions involving money in our day-to-day life. -SST 10th
by

1 Answer

Answer :

There are several transactions involving money in any single day. 1.In many of these transactions, goods are being bought and sold with the use of money. It eliminates the need for double coincidence of wants. 2.In some of these transactions, services are being exchanged with money. 3.For some, there might not be any actual transfer of money taking place now but a promise to pay money later.
by

Related questions

Consider following schedules involving two transactions: S1: r1(X); r1(Y); r2(X); r2(Y); w2(Y); w1(X) S2: r1(X); r2(X); r2(Y); w2(Y); r1(Y); w1(X) Which of the following statement is true? (1) Both S1 and S2 are conflict serializable. (2) S1 is conflict serializable and S2 is not conflict serializable. (3) S1 is not conflict serializable and S2 is conflict serializable. (4) Both S1 and S2 are not conflict serializable.

Description : Consider following schedules involving two transactions: S1: r1(X); r1(Y); r2(X); r2(Y); w2(Y); w1(X) S2: r1(X); r2(X); r2(Y); w2(Y); r1(Y); w1(X) Which of the following ... . (3) S1 is not conflict serializable and S2 is conflict serializable. (4) Both S1 and S2 are not conflict serializable.

Last Answer : S1 is not conflict serializable and S2 is conflict serializable.

Can you identify the author of this quote involving the civil rights movement?

Description : Can you identify the author of this quote involving the civil rights movement?

Last Answer : answer:I've heard several versions of this. The one that has always stuck with me is from an incredibly touching episode of Designing Women in which a 100-year old black woman in the hospital on New Year's Eve says ... what we should be, we ain't what we gonna be, but at least we ain't what we was.

Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine whether related parties were created. b. Performing analytical procedures to identify areas that may represent specific risks. c. Obtaining a written representation letter from the client to emphasize management's responsibilities. d. Reading the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Description : Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine ... the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Last Answer : Performing analytical procedures to identify areas that may represent specific risks.

Why are transactions made in money? -SST 10th

Description : Why are transactions made in money? -SST 10th

Last Answer : . A person holding money can easily exchange it for any commodity or service that he or she might want. . Thus, everyone prefers to receive payments in money and then exchange the money ... manufacturer will first exchange shoe that he has produced for money and then exchange the money for wheat.

Why are transactions made in money? -SST 10th

Description : Why are transactions made in money? -SST 10th

Last Answer : Money is accepted as a medium of exchange because the currency is authorised by the government of India. In money transactions, money can be paid for any goods or services one desires. For example : the ... wants it. One does not have to wait for another person to agree to an exchange of goods.

Give the reason why transactions are made in money. -SST 10th

Description : Give the reason why transactions are made in money. -SST 10th

Last Answer : A person holding money can easily exchange it for commodity or service that he/she might want.

Why are transactions made in money? Explain with suitable examples. -SST 10th

Description : Why are transactions made in money? Explain with suitable examples. -SST 10th

Last Answer : Everyone prefers to receive payments in money and then exchange the money for things they want. For example, take the case of a blacksmith. He wants to sell tools in the market and buy rice. ... a person holding money can easily exchange it for any commodity or service that he or she wants.

Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits causing injury to the staff/losses over Rs50000 c) Cases of loss of damage to or tampering with ins article which the amount of compensation payable exceed Rs 10000 d) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Description : Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits ... ) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above

Last Answer : e) All the above

Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : (4) Goods are exchanged with goods. Explanation: Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, ... crisis, such as when the currency may be either unstable or simply unavailable for conducting commerce,

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : Goods are exchanged with goods.

I need a way to make a website that will handle hundreds of transactions a day and transfer many gigabytes, perhaps close to one Terabyte of data a month: Help?

Description : I need a way to make a website that will handle hundreds of transactions a day and transfer many gigabytes, perhaps close to one Terabyte of data a month: Help?

Last Answer : answer:Amazon S3 Look into it.

In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Description : In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Last Answer : C. 100 Explanation: Reconciliation of failed transactions at ATMs – For any failure to re-credit the customer‘s account within 7 working days from the date of receipt of the complaint, the bank will pay compensation of Rs.100/-, per day, to the aggrieved customer.

Financial accounting is concerned with – a) Recording of business expenses and revenue b) Recording of costs of products and services c) Recording of day to day business transactions d) None of the above

Description : Financial accounting is concerned with – a) Recording of business expenses and revenue b) Recording of costs of products and services c) Recording of day to day business transactions d) None of the above

Last Answer : c) Recording of day to day business transactions

What Life style involving the cultivation of crops?

Description : What Life style involving the cultivation of crops?

Last Answer : What is the answer ?

Career planning is an activity that requires (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses. (2) working hard at your studies, acquiring new skills as you move along in life and involving yourself in cultural/sports activities. (3) following three important steps in consultation with one's career counsellor, and making a plan that may work. (4) understanding and being aware of the fact that whatever the consequences of one's planning the truth a about as king a plan is that it may not work

Description : Career planning is an activity that requires (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses. (2) working hard at your studies, acquiring new skills as you move along in ... of one's planning the truth a about as king a plan is that it may not work

Last Answer : (1) analysing one's personality, interests, abilities, aspirations, strengths and weaknesses.

What is it that can act as a medium of exchange in transactions? -SST 10th

Description : What is it that can act as a medium of exchange in transactions? -SST 10th

Last Answer : It is money that can act as a medium of exchange in transactions.

Without involving the word "school" how do you categorize the different age groups?

Description : Without involving the word "school" how do you categorize the different age groups?

Last Answer : Pre-pubescent, pubescent, post-pubescent

Is there any scientific reason involving Caldonian Orogeny or the molecular structure of Ireland that would pit Northern Ireland with the UK instead of Ireland?

Description : Is there any scientific reason involving Caldonian Orogeny or the molecular structure of Ireland that would pit Northern Ireland with the UK instead of Ireland?

Last Answer : Wait, what are you asking?

Is there a general way to solve equations involving both a multiple of x and a power of x?

Description : Is there a general way to solve equations involving both a multiple of x and a power of x?

Last Answer : Do they know about logarithms yet?

In reference to The answer from @SmashTheState involving realpolitik, why is so little reference made to Otto Von Bismarck these days?

Description : In reference to The answer from @SmashTheState involving realpolitik, why is so little reference made to Otto Von Bismarck these days?

Last Answer : Because he is German, and all Germans are Nazis, obviously. He is also the inventor of public health insurance.

When is an activity involving politics a waste of time?

Description : When is an activity involving politics a waste of time?

Last Answer : When it’s of no interest to you.

Do you think that the recent tragedy in Broken Arrow Oklahoma involving the Bever family might finally give us some insight into the Columbine shootings?

Description : Do you think that the recent tragedy in Broken Arrow Oklahoma involving the Bever family might finally give us some insight into the Columbine shootings?

Last Answer : answer:“They also said 3,000 rounds of ammunition were delivered to the home after the murders and the boys planned to use it to kill so many people they would become more famous than the Columbine shooters.” You would think ordering that amount would at least make somebody wonder.

If there is an accident involving a car backing out of a parking space and a car driving past in a parking lot, is the driver backing always at fault?

Description : If there is an accident involving a car backing out of a parking space and a car driving past in a parking lot, is the driver backing always at fault?

Last Answer : I would say yes. The driver backing out was not practicing enough caution. The one main reason I always try to park facing out in a parking lot. But that isn’t saying that the other driver wasn’t practicing caution either. Too many people take too many chances! SO not worth it.

What are some good specific presentation topics involving neuroscience?

Description : What are some good specific presentation topics involving neuroscience?

Last Answer : The link between schizophrenia and drug use is taken. How about the effects of caffeine and anxiety?

If your 11 yr old was found to be involving themselves in gang activity...would you do as these people did?? What would you do?

Description : If your 11 yr old was found to be involving themselves in gang activity...would you do as these people did?? What would you do?

Last Answer : answer:I grew up in a pretty moderate gang banging neighborhood. Probably an occassional drive by every 5 years in the 90s but only with gang to gang contact nothing too senseless With that being said racism ... I'm going off on a tangent. Great question got me to thinking about my sons future :D

What was the answer for this bizarre extra credit question, involving car insurance?

Description : What was the answer for this bizarre extra credit question, involving car insurance?

Last Answer : Car insurance goes by the car, not by the person. So the car owner’s insurance would cover if the damage is considered a covered event by the insurance company.

Does anyone have any ideas for experiments I can do involving Food Chemistry (proteins, carbs, fats)?

Description : Does anyone have any ideas for experiments I can do involving Food Chemistry (proteins, carbs, fats)?

Last Answer : Brewing beer

What should I expect involving a fire insurance claim?

Description : What should I expect involving a fire insurance claim?

Last Answer : Is business loss the same as business interruption?

Are there any solutions to this logic (?) problem involving modular arithmetic?

Description : Are there any solutions to this logic (?) problem involving modular arithmetic?

Last Answer : this has multiple answers that are possible.

What are your experiences with sending an unaccompanied minor overseas (involving plane changes)?

Description : What are your experiences with sending an unaccompanied minor overseas (involving plane changes)?

Last Answer : I would not send an unaccompanied 16 year old female to Guatemala.

Just had a pretty embarrassing moment involving a bodily function. Have any of your own to share?

Description : Just had a pretty embarrassing moment involving a bodily function. Have any of your own to share?

Last Answer : LeavesNoTrace , Looks like you left a trace this time!! It depends on your relationship, but I would probably apoligize and blush. Then again, I fess up when I fart too.

English grammar question involving conditional tense.

Description : English grammar question involving conditional tense.

Last Answer : Am…..you’re speaking in the present tense.

What are your most enjoyable/unpleasant experiences involving horses?

Description : What are your most enjoyable/unpleasant experiences involving horses?

Last Answer : answer:*You’re SO clever… Random? Well butter my muffin this is a GREAT question! Teeth… Horses teeth disturbe me. So although I like looking at them, much like everything else, they are rather plesant… Until of course they open their mouths, then, not so much. *Smiles.

Theoretical question involving relativity. Faster than light!

Description : Theoretical question involving relativity. Faster than light!

Last Answer : answer:Wouldn't work. You would need infinite energy to accelerate the disk. Now, say you have a searchlight and you swivel it very fast (in outer space). The boundary of the search beam millions of ... will indeed move faster than the speed of light. But the individual photons in the beam won't.

What would be an appropriate reaction to this workplace situation involving dress code violations and hypocrisy?

Description : What would be an appropriate reaction to this workplace situation involving dress code violations and hypocrisy?

Last Answer : answer:You could all agree to still dress up on Fridays, making her look like the slob that she is. You could create and have everyone sign a petition against the wearing of leggings and capris and present it to the partners.

What advice can you give on a situation involving a friend's probably sociopathic, possibly schizophrenic, scary-in-general ex boyfriend?

Description : What advice can you give on a situation involving a friend's probably sociopathic, possibly schizophrenic, scary-in-general ex boyfriend?

Last Answer : answer:Wow not really sure what to do. Obviously the next step is an official restraining order, which you can probably get despite the apparent lack of attempting to physically contact her (like ... stalk, then I would quickly tell him to stop/call the police and seek the restraining order.

Beneficial work involving creating new things?

Description : Beneficial work involving creating new things?

Last Answer : Designing something to help people with mobility issues is the first thing to come to my mind.

Help me with my schoolwork (involving ethical dilemma)?

Description : Help me with my schoolwork (involving ethical dilemma)?

Last Answer : It's not that complicated, relax :). You have to point out what could arise which means that it doesn't have to, in the end. Every researcher has biases and, for example, if you ... think smokers should have no rights, studying them poses an ethical dilemma because you should feel neutral, etc.

A question for the mathematically minded jellies, involving statistics and limits.

Description : A question for the mathematically minded jellies, involving statistics and limits.

Last Answer : The ratio would be expected to stay at the original ratio, whatever that was. For example, if there are 12000 red and 10000 green and you took out a 220, you’d expect to get 120 red and 100 green and the ratio would remain 1.2:1.

If someone had a dream involving your death, would you want to know?

Description : If someone had a dream involving your death, would you want to know?

Last Answer : It’s just a dream. It doesn’t mean anything foreshadowing. I had a dream I was flying a car, being chased by Sylar from Heroes…..you can’t take much stock in that now can you?

Help with math problem involving roots of a modulo operation?

Description : Help with math problem involving roots of a modulo operation?

Last Answer : Question: if x doesn’t divide N, what does “N (mod N/x)” mean?

Bikini sports not involving sand or water which would you watch?

Description : Bikini sports not involving sand or water which would you watch?

Last Answer : answer:If you want to watch women, there are whole range of clubs, magazines and websites available where you will see much, much more than you can watching bikini based sport. If you want to watch sport ... sport. In short, it's a pointless gimmick, which would explain why the stands aren't full.

If someone had a dream involving your death, would you want to know?

Description : If someone had a dream involving your death, would you want to know?

Last Answer : It’s just a dream. It doesn’t mean anything foreshadowing. I had a dream I was flying a car, being chased by Sylar from Heroes…..you can’t take much stock in that now can you?

What kinds of jobs to look at involving repairing or assembling things?

Description : What kinds of jobs to look at involving repairing or assembling things?

Last Answer : Heavy and medium truck and bus mechanics are in very much in demand in the transportation industry.

A couple of questions involving atomic bombs...

Description : A couple of questions involving atomic bombs...

Last Answer : answer:1. Uranium emits neutrons, which are very harmful. In the bomb, it reaches critical mass and many times more neutrons are emitted. Standing next to one may not give you radiation poisoning (depending ... leads to an explosion. See this resource, which will be able to explain it all for you.

What was your most recent experience involving a member of the public & an altercation of some kind?

Description : What was your most recent experience involving a member of the public & an altercation of some kind?

Last Answer : It was recent and was not resolved amicably,and I am fine with that ;) I almost always stand my ground…except for the times when I don’t give a rat’s ass.She is lucky that I didn’t make her eat her wig.LOL

A few questions involving the 'down there' area (girls)?

Description : A few questions involving the 'down there' area (girls)?

Last Answer : How to clean? while bathing you wash the area like you wash the rest of your body. . . and as often as possible depending on use. . . . Odor can transfer to clothes due to fluid absorption. Change of clothing is also desirable on a daily basis or as needed when it gets soiled.

What do I need to know to start a business involving audio equipment?

Description : What do I need to know to start a business involving audio equipment?

Last Answer : If you do not know anything about the above items you wish to sell you need to rethink attempting to provide the service you say you wish to sell. You should get a job at a retailer where you can learn ... the items that people want. You are in no position to be an expert yet. Time to cut bait.

What is the proper use of "thereby" when involving a copula?

Description : What is the proper use of "thereby" when involving a copula?

Last Answer : I never use “thereby”, but I do use “therefore”, and use it along the lines of “It would, therefore, be worthwhile.” You can also get away with “then”, as in “That, then, is what we shall do.”