Which of the Following Is Not Correct About the Money

question 36

Multiple Choice

Which of the following is not correct about the money kept in transactions accounts?

• A)It permits direct payment to a third party.
• B)It is backed by gold held by the government.
• C)It is part of the basic money supply.
• D)It is a good substitute for cash in many cases.

---

Definitions:

Knowledge-Based Economy

A knowledge-based economy is an economy where growth is primarily derived from the quantity, quality, and accessibility of the information available, rather than physical inputs or natural resources.

Six Sigma Certification

A designation indicating that someone has been trained on the Six Sigma principles and techniques for process improvement and quality management.

Human Resource Practices

The methods and strategies involved in managing an organization's workforce, including hiring, training, and evaluating employees.

Nonroutine Production

Production processes or tasks that vary and require different approaches each time, as opposed to standardized, repetitive tasks.