The Primary Feature of Money Is That It Serves as

question 6

Multiple Choice

The primary feature of money is that it serves as

• A)barter value.
• B)a medium of exchange.
• C)intrinsic value.
• D)commodity value.

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Definitions:

Quick Ratio

A liquidity ratio that measures a company's ability to pay its short-term obligations with its most liquid assets.

Current Ratio

A financial ratio indicating a firm's capacity to settle short-term debts or liabilities due within the next 12 months.

Horizontal Analysis

A financial analysis technique comparing historical data, such as revenues or profits, over a series of periods to identify trends or patterns.

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets or to analyze business data.