Why Do Individuals Hold Money When It Does NOT Provide

question 22

Multiple Choice

Why do individuals hold money when it does NOT provide the services that,say,a house does?

• A) Money is the most liquid asset.
• B) Money is the only form in which wealth may be held.
• C) Money increases in value faster than other assets.
• D) Money is useful in avoiding taxes on certain transactions.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

---

Definitions:

Intangible Assets

Non-physical assets that have value, such as intellectual property, brand recognition, and patents.

Prepaid Expenses

Payments for goods or services that will be received in the future, which are recorded as assets until they are actually used or consumed.

Adjusting Entry

A journal entry made at the end of an accounting period to align the books with the accrual basis of accounting.

Supplies Expense

Costs incurred for office or operational supplies used within a business during a specific accounting period.