"The two primary functions of money are: 1. Medium of exchange;...

  1. 7,424 Posts.
    lightbulb Created with Sketch. 152
    "The two primary functions of money are:
    1. Medium of exchange; and
    2. Store of value"


    It was pointed out to me that there is a third important function for money that I didn't address in my earlier post: money serves as a unit of account...

    So how many Australian gold mining companies issue accounts (balance sheets and profit and loss statements) with values expressed in ounces of gold?
    Last edited by timber1956: 27/02/17
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.