Gerri

Inside the Nominal Effective Exchange Rate (NEER).



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The Nominal Effective Exchange Rate (NEER) is a weighted average of a country’s currency relative to an index or basket of other major currencies. The NEER is used to measure a country’s currency relative to its trading partners. The weights are based on the importance of the country’s trading partners. The NEER is used as … Read more

What is an accounting program?



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Accounting programs are necessary for each of the existing companies. All the accounting data of the company, for one or several years, are stored there. More specifically, it is a computer program that saves and processes accounting transactions. This program must follow the Generally Accepted Accounting Principles so that its operation is correct. It is … Read more