Ask Question
BusinessBusiness
9 October, 13:00

1. A useful characteristic of money is that money

O A. allows us to compare the values of goods and services.

O B. is something that everyone wants.

OC. is only printed by the US government.

O D. is difficult to count accurately.

+4
Answers (1)
  1. 9 October, 16:45
    0
    O A. allows us to compare the values of goods and services.

    Explanation:

    Money has three primary functions which include a medium of exchange, unit of account, and store of value.

    As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued. Money is divisible into smaller units which makes its application in valuation easy.

    The value of goods and services is expressed in monetary terms. Buyers and seller, therefore, can determine how much is needed to transact.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “1. A useful characteristic of money is that money O A. allows us to compare the values of goods and services. O B. is something that ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The year-end balance of the owner's capital account appears in a. only the statement of owner's equity b. both the statement of owner's equity and the balance sheet c. both the statement of owner's equity and the income statement d.
Answers (1)
A factory produces 130,000 televisions per quarter. A total of 9,000 production hours are used by the factory per quarter. Compute the velocity in units per hour. (Note: Round answer to two decimal places.) a. 16.50 units per hour b. 15.
Answers (1)
Oxford packing company reported net sales in november of the current year of $1,000,000. at the beginning of november, the company reported beginning inventory of $368,000. cost of goods purchased during november amounted to $217,500.
Answers (1)
Neither an easement appurtenant nor an easement in gross can ever be transferred separately from the dominant estate.
Answers (1)
Which of the following firms would likely pose the least competitive threat? a. a firm in the same industry and in the same strategic group b. a firm in the same industry and in the nearest strategic group looking to join your group c.
Answers (1)
New Questions in Business
Reliable Gearing currently is all-equity-financed. It has 10,000 shares of equity outstanding, selling at $100 a share. The firm is considering a capital restructuring.
Answers (1)
Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:
Answers (1)
Which term refers to the age, gender, education, income, family size, career, and residence of the consumer? a. agenda b. demographic c. psychographic d. target audience
Answers (1)
Which of the following are common accounting myths? (Select all that apply.) Select one or more: a. Accounting focuses only on math. b. Accountants focus only on the past. c. Accounting should be taught at culinary schools.
Answers (1)
As you approach potential investors for you new business, it's important to present them with A. a good, solid business plan. B. your goals for lifelong happiness. C. your highest hopes for success. D. a detailed list of your needs.
Answers (1)
Home » Business » 1. A useful characteristic of money is that money O A. allows us to compare the values of goods and services. O B. is something that everyone wants. OC. is only printed by the US government. O D. is difficult to count accurately.
Sign Up Forgot Password?