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-Refer to the above diagram.The initial demand for and supply of pesos are shown by D1 and S1.The exchange rate will be:
Negotiable
Capable of being transferred or exchanged with ease, often referring to financial instruments.
Internal Control System
Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Company Policies
Guidelines and rules established by a company to govern its actions and decision-making processes.
Bank Service Charges
Fees charged by banks for various services such as account maintenance, transactions, or overdrafts.
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