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What primary function is money serving when you keep it in a bank account until you need it to purchase a product?
Wiki User
∙ 12y ago
A store of value.
Wiki User
∙ 12y ago
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What are the organic business functions?
Organic business consists of several elements. You will need to find farmers to purchase raw materials from and come up with a plan on where you will be selling your product.
Is debit card non cash product?
You must have enough cash in your bank account to cover the cost of the purchase when you use your debit card ( some banks limit the amount that you can pay for with a debit card also )
What is the first step in setting up new cardholder account in US Bank?
Specifying the product and product settings
What is a primary resource?
A primary resource is when someone like a farmer in harvesting corn or a fisherman is catching a fish. Its basically raw material that hasn't been made into a product yet.
What is meaning of cash against delivery?
The answer for your quest is that when your purchase a product in a store,you have to pay the money before you get the delivery of the prouduct you purchased.
What account is credited when recording the cash purchase of a product?
accounts payable
What did the Arabs use maths for?
to measure land, and account for product and prices in purchase and sale
How much to start a amazoncom account?
An account on Amazon for shopping purposes is free. However, you must pay for each product that you purchase using your Amazon account.
What is the purpose of point-of-purpose advertising?
The primary motivation is to attract customers to the display so that they will purchase the product.
Is oil a primary product or a secondary product?
It is a primary product
What exactly is accounts receivable and accounts payable?
Account Receivables are the right to claim against the sale of goods made by any business. It is merely concern with the sale of primary business product. Account Payables are the obligation to pay for the goods purchase with the intention to resale or to use in manufacturing of goods to sell.
What is the difference between primary and secondary product in byproduct utilization?
Primary product is the main raw product whiles secondary product is the product found from the primary product
What is the primary function of marketing research?
Marketing research is around to reduce the risk of developing a new product or distributing that product. It can give specific information about a target audience.
Where can one purchase cotangent?
One cannot actually purchase cotangent, as it is not a service or a product. Cotangent is actually a trigonometric function comparing the angles of right triangles.
Is plastic a secondary product or a primary product?
plastic is a primary product it used for a lot of products(:
What is a sentence using the word primary source?
The term "primary source" is defined in research as an original or first-person account. In logistics, it indicates the origin of the major supply for a necessary raw material or product. Example : "The primary source for his essay was an eyewitness account of the event." Example : "For many decades, Rhodesia was the primary source of the world's chromium."
What are the eight types of business transaction?
cash sales, credit sales,purchase on account,collection from sales on account,settlement of purchase on account, direct purchase on cash,installment sales and installment payment
