counted in units
use to facilitate exchange
used to measure the value of goods and services
used to store goods and services
used for future payment
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How is it "B" as a "unit of Account " if accounting is defined as the measurement,calculating, Analysing, correcting and keeping of day to day transactions of a business enterprise. Then the answer should be C... My School Take Note. It would be different if the que yhstion implies "in unit of trade" A unit of account also means in Economics a nominal monetary unit of measures or currency used to value/Costs Goods, services, assets, income and liability; I.e any economic item... In Addition Money as a unit of account also gives us the ruler to measure and value the price of goods&services,income, expenses, profit, loss, debt and Wealth. MY SCHOOL TAKE NOTE AND MAKE CORRECTIONS
