Most Financial Assets Other Than Money Function as

question 74

Multiple Choice

Most financial assets other than money function as

• A)a medium of exchange,a unit of account,and a store of value.
• B)a medium of exchange and a store of value,but not a unit of account.
• C)a store of value and a unit of account,but not a medium of exchange.
• D)a store of value,but not a unit of account nor a medium of exchange

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Definitions:

Segments

Different parts or areas of a business or market that can be separately analyzed.

ROI

Return on Investment is a measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.

Operating Assets

Assets used by a business in its daily operations to generate income, including cash, inventory, and equipment.

Fixed Costs

Refers to costs that do not change in total regardless of the level of production or sales activity, like rent, salaries, and insurance.