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
What is an open line of sight? An open space in front of the driver A line of objects which can be seen by the driver This is the ability to see the center of the driver's path of travel
Answers (1)
Ben and Molly are married and will file jointly. Ben generates $300,000 of qualified business income from his single member LLC (a law firm). He reports his business as a sole proprietorship.
Answers (1)
Cindy offers to pay shane's way through college if he will give her one of his kidneys in return. he is a perfect donor match and accepts cindy's offer, signing a contract. their contract is
Answers (1)
Which example would be best formatted as a persuasive message? a) Response to request for information about equipment b) Encouragement to join company-sponsored weight-loss program c) Information about failure to follow procedures d)
Answers (1)
Consider a large three-gallon container of vanilla ice cream. What are 2 changes you could make to add value using "Form Utility"?
Answers (1)
New Questions in Business
How did lenin's bolshevik ideas differ from marx's? lenin believed that workers must be in control in order to have a peaceful society. lenin believed that every russian should serve a required time of military service.
Answers (1)
Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $20,600 was made on credit, 3/10, n/30. The journal entry to record this purchase is:a.
Answers (1)
What are the three writing guidlines to follow when writing a resume?
Answers (1)
How is an online bank different from a retail bank? A. Online bank and retail bank refer to the same entity, so there is no difference between them. B. An online bank has lower operating costs than a retail bank. C.
Answers (2)
Income Summary has a credit balance of $12,000 in J. Spencer, Co., after closing revenue and expense accounts. The entry to close Income Summary is A: debit Income Summary $12,000, credit Owner's Capital $12,000.
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?