Which of the Following Is NOT a Function of Money

question 381

Multiple Choice

Which of the following is NOT a function of money?

• A) medium of stored value
• B) standard of deferred payment
• C) unit of accounting
• D) store of value

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Definitions:

Vendor

A third-party supplier or service provider that sells products or services to organizations or individuals.

Contingency Fund

A reserve of money set aside to cover unexpected costs or financial shortfalls during a project.

Organization Type

Categorizes an entity based on its purpose, structure, and operations, such as non-profit, corporation, or government entity.

Time Horizons

The timeframe within which objectives are planned to be achieved or events are expected to occur, influencing decision-making processes.