Which of the Following Is Not a Function of Money

question 163

Multiple Choice

Which of the following is not a function of money?

• A)to act as a medium of exchange
• B)to act as a unit of account
• C)to act as a store of value
• D)to facilitate trade
• E)to provide a double coincidence of wants

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Definitions:

Controllable Direct Fixed Costs

Expenses that do not vary with production volume and can be altered or influenced by management in the short term.

Noncontrollable Direct Fixed Costs

Fixed costs that cannot be altered or influenced by the decisions of management in the short term.

Indirect Fixed Costs

Costs that are incurred for the benefit of more than one profit center.

Performance Report

A document or record that outlines the performance outcomes, efficiency, and effectiveness of efforts over a defined period.