Which of Following Is Not an Important Characteristic of Money

question 206

Multiple Choice

Which of following is not an important characteristic of money?

• A)general acceptability
• B)has commodity value
• C)divisibility
• D)has stable value
• E)none of the above

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Definitions:

Direct Materials

Direct Materials are raw materials that are consumed in the manufacturing process, directly traceable to the finished product.

Goods Sold

This term refers to the merchandise that has been purchased by consumers, indicating sales transactions that have been completed during a certain period.

Product Cost

The total expense incurred in manufacturing a product, including direct labor, direct materials, and overhead costs.

Period Cost

A type of expense that is not directly tied to the production of inventory and is instead associated with a specific time period, such as sales and administrative expenses.