Join Our WhatsApp Channel for Updates!
BFM 311: Money and Banking
| Institution | MOUNT KENYA UNIVERSITY |
| Course | FINANCE & ACCOUNTING |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | Codred Agencies |
| File Type | |
| Pages | 72 Pages |
| File Size | 458.06 KB |
| Views | 2246 |
| Downloads | 3 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
A standard definition of money is anything generally accepted for payment of a debt. A debt is an obligation incurred when a business transaction takes place. Money is a
medium of exchange sought for the purpose of transacting exchange of commodities /services / goods. A commodity chosen as money can not be used for other purposes rather ensuring that business transaction takes place. This then implies that a commodity taken as money must be universally accepted by the users if it has to retain its value.
Below is the document preview.
-page06.jpeg)
Mathematics Notes F1-4
Trending!
UPDATED MATHEMATICS FI-4 NOTES
662 Pages
3751 Views
0 Downloads
9.09 MB
HISTORY NOTES FORM 1-4
Trending!
UPDATED HISTORY NOTES FORM 1-4
528 Pages
2364 Views
2 Downloads
3.84 MB
BUSINESS STUDIES FORM 2
Trending!
UPDATED BUSINESS STUDIES FORM 2
188 Pages
2885 Views
1 Downloads
1.59 MB
BUSINESS STUDIES FORM 3 NOTES
Trending!
UPDATED BUSINESS STUDIES FORM3 NOTES
40 Pages
5167 Views
3 Downloads
694 KB
BUSINESS STUDIES FORM 4 NOTES
Trending!
UPDATED BUSINESS STUDIES FORM4 NOTES
66 Pages
3586 Views
0 Downloads
1.1 MB
BUSINESS STUDIES FORM 1-4 NOTES
Trending!
UPDATED BUSINESS STUDIES FORM1-3 NOTES
325 Pages
4115 Views
2 Downloads
3.28 MB
AGRICULTURE FORM 1 NOTES
Trending!
UPDATED AGRICULTURE FORM 1 NOTES
50 Pages
3580 Views
0 Downloads
1.3 MB