Solved

Floral Plus, a Wholesale Supplier of Real and Silk Flowers

Question 4

Multiple Choice

Floral Plus, a wholesale supplier of real and silk flowers, carries 200 different stock lines. In January 2013, Floral Plus estimated the value of flowers in its warehouses at £400,000. This is an example of using money as


A) a store of value.
B) a unit of evaluation.
C) a standard of deferred payment.
D) a medium of exchange.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents