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Which of the following is an advantage of using money as a medium of exchange?
Buyer's Inventory
The stock of goods a purchaser has on hand, which represents a current asset on the balance sheet that is intended for resale or use in production.
Credit Terms
The conditions, including payment timing and interest, under which credit will be extended to a borrower.
Discount
A reduction in the price of goods or services, typically offered to prompt sales or recognized in the context of financial instruments.
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