ACCT 5996
State University Of New York - Geneseo
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ACCT 5996 Chapter 11 Testbank
- Exam (elaborations) • 66 pages • 2022
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1. Money functions as:
A. a store of
value.
B. a unit of
account.
C. a medium of
exchange.
D. All of
these.
2. If you are estimating your total expenses for university next semester, you are using money as:
A. a medium of
exchange.
B. a store of
value.
C. a unit of
account.
D. All of
these.
3. If you place a part of your summer earnings as cash in a safety deposit box, you are employing money
as:
A. a medium of
exchange.
B. a store of
value.
C. a unit of
account.
D. All...
Exam (elaborations)
ACCT 5996 Chapter 11 Testbank
Last document update:
ago
1. Money functions as: A. a store of value. B. a unit of account. C. a medium of exchange. D. All of these. 2. If you are estimating your total expenses for university next semester, you are using money as: A. a medium of exchange. B. a store of value. C. a unit of account. D. All of these. 3. If you place a part of your summer earnings as cash in a safety deposit box, you are employing money as: A. a medium of exchange. B. a store of value. C. a unit of account. D. All...
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