Letters of representation and M3: Difference between pages

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Representations by management used by auditors as a source of evidence, which have been formally noted and signed by the directors of the company being audited.
''Economics.''
 
A broad measure of money supply which includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity.
 
It is the broadest established measure of money and is used by economists to estimate the entire supply of money within an economy.




== See also ==
== See also ==
* [[Audit]]
* [[Broad money]]
* [[M2]]
* [[Money supply]]

Revision as of 09:55, 22 August 2013

Economics.

A broad measure of money supply which includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity.

It is the broadest established measure of money and is used by economists to estimate the entire supply of money within an economy.


See also