BFM 311: Money and Banking

Institution MOUNT KENYA UNIVERSITY
Course FINANCE & ACCOUNTING
Year 3rd Year
Semester Unknown
Posted By Codred Agencies
File Type pdf
Pages 72 Pages
File Size 458.06 KB
Views 2374
Downloads 3
Price: Buy Now whatsapp Buy via whatsapp
  • whatsapp
  • facebook
  • twitter

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.

No preview available
BUSINESS MATHEMATICS
Welcome to the First Lecture in this course unit. In this lecture we are going to learn about set theory.
660 Views 3 Downloads 11.5 MB
CCS 401: SOFTWARE PROJECT MANAGEMENT NOTES Trending!
A project is a temporary endeavor undertaken to create a unique product, service, or result. • Operations are work done to sustain the business. • A project ends when its objectives have been reached, or the project has been terminated. • Projects can be large or small and take a short or long time to complete.
68 Pages 3457 Views 0 Downloads 2.01 MB
INTRODUCTION TO ICT NOTES Trending!
Information communication technology plays an important role in our day to day activities. It is common practice to find ICT systems in banks, supermarkets, government agencies, entertainment industries , media industries ,schools, hospitals and at home. To adapt to the ever changing technological world, one needs to be knowledgeable and competent user of computer based technologies.
4226 Views 2 Downloads 4.68 MB
KASNEB ATD Syllabus Trending!
Accounting Technicians Diploma(ATD) Examination Syllabus
33 Pages 3553 Views 1 Downloads 649.89 KB
KASNEB CCP Syllabus Trending!
Certified Credit Professionals (CCP) Examination Syllabus
54 Pages 3209 Views 1 Downloads 608.63 KB
KASNEB CICT Syllabus Trending!
Certified Information Communication Technologists (CICT) Examination Syllabus
58 Pages 3166 Views 2 Downloads 636 KB
KASNEB CIFA Syllabus Trending!
Certified Investment and Financial Analysts (CIFA) Examination Syllabus
60 Pages 3407 Views 1 Downloads 754.86 KB
KASNEB CS Syllabus Trending!
Certified Secretaries (CS) Examination Syllabus
59 Pages 3363 Views 0 Downloads 553.66 KB
KASNEB DCM Syllabus Trending!
Diploma in Credit Management (DCM) Examination Syllabus
32 Pages 3485 Views 0 Downloads 611.91 KB
KASNEB DICT Syllabus Trending!
Diploma in Information Communication Technology (DICT) Examination Syllabus
28 Pages 2926 Views 2 Downloads 619.99 KB