Which One of the Following Statements Is True

question 36

Multiple Choice

Which one of the following statements is true?

• A) Not all forms of currency are accepted equally well by the public as a medium of exchange.
• B) Checkable and debitable account balances are not money, but currency is.
• C) Checkable and debitable accounts are considered money by law in only 15 states.
• D) The value of the dollar rises along with the increases in the consumer price index.

---

Definitions:

Continuity

The uninterrupted maintenance, operation, or existence of something over a period of time.

Vision

An aspirational description of what an individual or organization hopes to achieve in the future, serving as a guide for future planning and actions.

Appealing

Having qualities that attract interest or desire.

Organizational Learning

The process through which organizations develop, enhance, and transfer knowledge and skills, improving over time.