Which of the following is not function of money? it?

Assessment: WAEC SSCE - Commerce - 2002 (Objective) Subject: Commerce

Question 1 Report

Which of the following is not function of money? it?
Answer Details
The function of money refers to the role that money plays in an economy. It has four main functions: medium of exchange, store of value, unit of account, and standard of deferred payment. The function that is not related to these four is that "it is easily recognizable". While it is important for money to be recognizable to prevent fraud and counterfeit, this is not one of the main functions of money.
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