Which of the Following Is a Correct Listing of Money's

question 17

Multiple Choice

Which of the following is a correct listing of money's functions?

• A) source of credit,value of transaction costs,unit of barter
• B) medium of barter,medium of exchange,medium of transactions
• C) unit of barter,unit of account,a unit of income
• D) store of value,store of exchange,measure of account
• E) store of value,medium of exchange,unit of account

---

Definitions:

Operating Activities

Business actions directly related to the production and delivery of goods and services, generating the company’s primary revenue.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its operational, investing, and financing activities.

Government Agencies

Entities established by a government to perform specific functions or provide services in accordance with legislative mandates.

Checks Outstanding

Refers to checks that have been written by a company but have not yet been cashed or cleared by the bank.