Unit 3 - Personal and Business Finance 0.0 / 5 ? BusinessFunctions of moneyBTEC NationalEdexcel Created by: strang4462Created on: 02-12-19 12:02 Functions of money *Unit of account *Means of exchange *Store of value *Legal tender 1 of 5 Unit of account Money can be used to put a price on goods and services 2 of 5 Means of exchance Money can be used to buy sell and exchange goods 3 of 5 Store of value Money has a value and can be stored in banks 4 of 5 Legal tender Money is the legal means used to pay for goods and services 5 of 5
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