Which of the following correctly defines money as a unit of account?
a. it determines whether a good has value.
b. it is determined to be legal by the person in possession of it.
c. it provides a means for comparing the values of goods and services.
d. it does not retain its value when saved instead of spent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following correctly defines money as a unit of account? a. it determines whether a good has value. b. it is determined to be ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
When a single firm has control over the market supply of a resource that is essential to the production of a good,?
Answers (1)
Identify the type of case where most of the debate focuses on discriminatory consequences and the plaintiff need not prove an employer's intent to discriminate. A. Disparate impactB. Disparate treatmentC. Reasonable accommodationD.
Answers (1)
A multinational enterprise (MNE) is defined as a firm that: exports more than it imports. sells in many markets around the globe. operates and controls production or distribution facilities in more than one country.
Answers (1)
Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market the next generation computer chip. Under the current rules of the WTO and GATT, the U. S.
Answers (1)
Colbert operates a catering service on the accrual method. In July of year 1 Colbert received a payment of $9,000 for 18 months of catering services to be rendered from August 1st of year 1 through July 31st year 3.
Answers (1)
New Questions in Business
Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,000 for cash of $400,000.
Answers (1)
Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73,000 to invest.
Answers (2)
Who among the following is a manager with good time-management skills? a. Jim, who completes tasks mostly through his own efforts to ensure consistency b. Lee, who performs at least five activities at a time to increase productivity c.
Answers (1)
Joseph ray just received an inheritance of $35,775 from his great aunt. he plans to invest the funds for retirement. if joseph can earn 4.
Answers (1)
The three types of manufacturing costs in a job order costing system include
Answers (1)