When money is used as a means of settling debts maturing in the future, it is serving as a A. store of value. B. standard of deferred payment. C. medium of exchange. D. unit of accounting.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jun 1, 2020 56.8k views

2 votes

When money is used as a means of settling debts maturing in the future, it is serving as a A. store of value. B. standard of deferred payment. C. medium of exchange. D. unit of accounting.

Business
high-school

Larsch asked

by Larsch

8.0k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

Answer:

A would be the correct answer du

Step-by-step explanation:

Gstvg answered Jun 8, 2020

by Gstvg

8.2k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Jun 24, 2024 226k views

Which of the following is the best definition of the term standard of deferred payment: A. A system where payments are made immediately for goods and services B. An agreed-upon measure for settling debts

Nisha asked Jun 24, 2024

by Nisha

8.4k points

Business
high-school

1 answer

3 votes

226k views

asked Jun 25, 2024 54.3k views

Long-term debts maturing currently should be included as a current liability if they are or will be: 1) converted into capital stock 2) due on demand 3) refinanced with the proceeds of a new debt issue

Facundo Olano asked Jun 25, 2024

by Facundo Olano

8.5k points

Business
high-school

1 answer

4 votes

54.3k views

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions