answersLogoWhite

0


Best Answer

MONETARY ASSETS AND LIABILITIES

Monetary assets and liabilities are money or claims to future cash flows that are fixed

or determinable in amounts and timing by contract or other arrangement. Examples

include cash, accounts and notes receivable in cash and accounts and notes payable in

cash.

NON-MONETARY ASSETS AND LIABILITIES

Non-monetary assets and liabilities are assets and liabilities that are not monetary.

Inventories, investments in common stock, tangible capital assets and liabilities for rent

collected in advance are examples of non-monetary assets and liabilities.

User Avatar

Wiki User

βˆ™ 12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are both monetary and non-monetary?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the main goal of both fiscal and monetary policy?

The main goal of both fiscal and monetary policy is to stabilize the economy.


What is the best characterizes the factors invovled in a cost benefit analysis?

Rational


What are the results from that costs and benefits are based on personal prefences?

Both monetary and non-monetary factors are taken into account


Which of the following results from the fact that costs and benefits are based on preferences?

Both monetary and non monetary factors are taken into account.


Use of both gold and silver as monetary units?

Bimetallism


What is the use of both gold and silver as monetary units?

Bimetallism.


Which of the following result from the fact costs and benefits are based on personal preferences?

Both monetary and non-monetary factors are taken into a account


What best characterizes the factors involved in cost befit in analysis?

There are both monetary and non-monetary considerations that must be taken into account.


What relationship does the Vatican and the international monetary fund have?

Both worship satan!


How do you calculate monetary density?

you calculate the mass by volume and then you multiply both of them then you have the answer


What can your manager do to help you achieve your future goals?

Provide scope to facilitate towards intriguing and challenging product development. Motivate both on a psychological and monetary level. Provide scope to facilitate towards intriguing and challenging product development. Motivate both on a psychological and monetary level. Provide scope to facilitate towards intriguing and challenging product development. Motivate both on a psychological and monetary level. Provide scope to facilitate towards intriguing and challenging product development. Motivate both on a psychological and monetary level. Provide scope to facilitate towards intriguing and challenging product development. Motivate both on a psychological and monetary level.


What is monetary unit for Bermuda?

The Bermuda Dollar (BMD) is the monetary unit for Bermuda. It is on par with the US Dollar (USD), and both are used and accepted on the island.