Functions of Money Include All of the Following EXCEPT

question 66

Multiple Choice

Functions of money include all of the following EXCEPT:

• A)Money serves as a medium of exchange.
• B)Money may be held as a store of value.
• C)Money determines the wealth of a nation.
• D)All of the above are functions of money.

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Definitions:

Optimal Compensation System

A well-designed compensation framework that aims to align the interests of the employees with those of the organization, while motivating staff and controlling costs.

Organization's Value

The core principles, beliefs, and philosophies that guide a company's operations and define its brand identity.

Costs

The amount of money required for the production, acquisition, or completion of goods or services.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee in exchange for work performed.