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Lecture

Chapter 10 StudyGuide

4 Pages
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Department
Management (MGT)
Course Code
MGTA02H3
Professor
Chris Bovaird

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CHAPTER 10
Money: Any object generally accepted by people as payment for goods and services.
Features of money:
Portability
Divisibility
Durability
Stability
Functions of money:
Medium of exchange
Store of value
Unit of account
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Description
CHAPTER 10 Money: Any object generally accepted by people as payment for goods and services. Features of money: Portability Divisibility Durability Stability Functions of money: Medium of exchange Store of value Unit of account www.notesolution.com
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