Three of the functions of money are:
a. medium of exchange, store of value, and measure of liquidity
b. conduit for international trade, store of value, and standard of value
c. medium of exchange, store of value, and standard of value
d. inflation hedge, measure of liquidity, and medium of exchange
Answer: c. medium of exchange, store of value, and standard of value
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a. Disclaiming an opinion b. Withdrawing from the engagement c. Failing to uncover the illegal activities during prior audits d. Reporting these activities to those charged with governance
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Indicate whether the statement is true or false.