how many different value of currency notes do you observe in our daily life what are they
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o my dear mc
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Currencies in SAP are used to express a transaction in monetary terms. ... Currency type used in a company code is called local currency in SAP and all other currencies are called foreign currencies.
Money serves four basic functions: it is a unit of account, it's a store of value, it is a medium of exchange and finally, it is a standard of deferred payment.
In a Nutshell. The four most relevant types of money are commodity money, fiat money, fiduciary money, and commercial bank money. Commodity money relies on intrinsically valuable commodities that act as a medium of exchange. Fiat money, on the other hand, gets its value from a government order.
The qualities of good money are:
The qualities of good money are:General acceptability.
The qualities of good money are:General acceptability.Portability.
The qualities of good money are:General acceptability.Portability.Durability.
The qualities of good money are:General acceptability.Portability.Durability.Divisibility.
The qualities of good money are:General acceptability.Portability.Durability.Divisibility.Homogeneity.
The qualities of good money are:General acceptability.Portability.Durability.Divisibility.Homogeneity.Cognizability.
The qualities of good money are:General acceptability.Portability.Durability.Divisibility.Homogeneity.Cognizability.Stability.
Other Money Symbolism. In addition to value, power, and history, money also has many other connections, such as exchange, donation, materialism and admiration. ... Because a high value was placed on each of these natural living things, it only seemed natural that their image would increase the value of their currency.
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