For Something to Be Considered Money,it Must

question 113

Multiple Choice

For something to be considered money,it must

• A) be of low intrinsic value.
• B) be of high intrinsic value.
• C) have the backing of the government.
• D) not be generally accepted as a medium of exchange.
• E) be generally accepted as a medium of exchange.

---

Definitions:

Performance Measure

Metrics or indicators used to evaluate the effectiveness, efficiency, and success of an organization's activities or an individual's performance.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Revenue Centre

A segment, division, or unit of a business responsible for generating revenue, focusing on sales activities rather than profit or cost efficiencies.

Performance Measure

An assessment tool used to evaluate the effectiveness and efficiency of an individual's or organization's actions.