The Function of Money That Enables Prices of Goods and Services

question 77

Multiple Choice

The function of money that enables prices of goods and services to be quoted is called:

• A)medium of exchange.
• B)store of value.
• C)unit of account.
• D)measure of power.

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Definitions:

Training Transfer

The effective application of skills, knowledge, or competencies acquired during training to the job environment.

Training Transfer

The act of successfully applying the competencies, knowledge, and skills gained from a training program to daily tasks and responsibilities in a work setting.

Opportunities to Practise

Situations or activities designed to allow individuals to apply and refine their skills through repeated performance.

Baldwin and Ford

Baldwin and Ford is a model that outlines the factors influencing the transfer of training, including trainee characteristics, training design, and work environment.