객관식
If a company offers compensatory time to an employee instead of overtime, a worker must:
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1. Introduction to Accounting
Types of Accounting
객관식
Margaret puts money into her savings account each month. In this example, money is functioning as a:
A
Unit of account
B
Medium of exchange
C
Store of value
D
Source of revenue
검증된 단계별 안내1
Understand the concept of 'Store of Value': Money serves as a store of value when it retains its purchasing power over time, allowing individuals to save and use it in the future.
Analyze the scenario: Margaret is putting money into her savings account each month, which indicates she is saving money for future use.
Compare the options: A 'Unit of account' refers to money being used to measure the value of goods and services. A 'Medium of exchange' refers to money being used to facilitate transactions. Neither of these directly applies to saving money for future use.
Identify the correct option: The act of saving money aligns with the 'Store of value' function, as Margaret is relying on money to retain its value over time.
Conclude: The correct answer is 'Store of value' because Margaret is using money to preserve its value for future use rather than spending or measuring its worth immediately.
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