Respuesta :
Money serves as a unit of account. Money is used for buying and selling objects because it serves as a medium of exchange.
Money is a type of asset that people in an economy use to buy goods and services. Money serves as a unit of account, which is one of its most important characteristics. A unit of account is a monetary unit that can be used to value goods and services, record debts, and perform calculations. In other words, it is a value measurement. A unit of account has three important money-related characteristics.
A unit of account can be subdivided so that the sum of its parts equals the original value.
One unit is treated the same as any other, with no difference in value.
A unit of account is also countable and subject to mathematical operations. Units can be easily added, subtracted, divided, and multiplied. Profits, losses, income, expenses, debt, and wealth can all be tracked using this method.
For more information on Unit of Account, visit :
https://brainly.com/question/15014168
#SPJ4
