Which of the Following Is NOT a Function of Money

question 123

Multiple Choice

Which of the following is NOT a function of money?

• A) medium of exchange
• B) form of credit
• C) store of value
• D) standard of deferred payment

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Definitions:

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, including rent, salaries, and insurance premiums.

Contribution Margin Ratio

A financial metric that indicates the portion of sales revenue that exceeds variable costs, expressed as a percentage of total sales.

Fixed Expenses

Fixed expenses are costs that do not change with the volume of output, such as rent or salaries, providing stability in financial planning but requiring effective budget management.

Net Income

The total profit of a company after deducting all expenses, taxes, and losses, indicating its financial performance over a period.