Money Is the Only Asset That Acts as a

question 34

Multiple Choice

Money is the only asset that acts as a

• A) medium of exchange.
• B) unit of account.
• C) store of value.
• D) all of the above.

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Definitions:

Organizational Citizenship

The behavior of an individual that is discretionary, not directly or explicitly recognized by the formal reward system, and that promotes the effective functioning of the organization.

Good or Bad

Terms describing the positive or negative judgement or quality of an action, decision, or outcome within an organizational or general context.

Hierarchy of Values

A ranked system of personal or societal principles and beliefs determining what is most important to an individual or community.

Preferences Differ

Preferences differ highlights the individual variations in choices, likes, or dislikes among people based on their personal experiences, values, or cultural backgrounds.