Which is an example of money being used as a unit of account?
A) A customer buys a burger,fries,and medium diet cola for $6.95.
B) A restaurant's profits for the week of October 3 to October 10 are $1,250.
C) A customer receives $3.05 in change and returns the next day to make another purchase.
D) A restaurant sells a large ice cream sundae and charges the customer's debit card.

Question

Quizplus · Accepted Answer

Money as a unit of account is used to measure and compare the value of goods, services, and financial performance. In option B, money is used to express the restaurant's profits, serving as a unit of account.

Which Is an Example of Money Being Used as a Unit