Which of the Following Is a Store of Value

question 81

Multiple Choice

Which of the following is a store of value?

• A)currency
• B)U.S.government bonds
• C)fine art
• D)All of the above are correct.

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Definitions:

Indirect Method

A way of calculating cash flows in the statement of cash flows where net income is adjusted for non-cash transactions and changes in working capital.

Inventory Increase

A rise in the quantity or value of goods and materials that a company holds for the purpose of sale or production.

Investing Activities

Transactions involving the purchase or sale of long-term assets and investments, reflected in the cash flow statement.

Bonds Payable

Long-term liabilities representing money owed by a corporation or government to bondholders, to be repaid at a future date.