The M2 Classification of Money Includes

question 145

Multiple Choice

The M2 classification of money includes:

• A) cash and checking account balances.
• B) hard money and savings account balances.
• C) cash, checking account, and savings account balances.
• D) cash, checking accounts, savings accounts, and other financial instruments where money is locked away for a specified period of time.

---

Definitions:

Corporate Culture

The shared values, beliefs, attitudes, and practices that characterize an organization and guide its employees’ behavior.

Cultural Relativism

The belief that there is no one right way to behave; ethical behaviour is determined by its cultural context.

Ethical Standards

Principles that govern the conduct of individuals and organizations, ensuring actions are morally right and in accordance with accepted social norms.

Cultural Context

Pertains to the environmental and social factors that influence the values, behaviors, practices, and communication of individuals or groups.