Ano Ang Ibig Sabihin Ng Unit Of Account

Ano ang ibig sabihin ng unit of account

 

In economics, unit of account is one of the functions of money. The value of something is measured in a specific currency. This allows different things to compared against each other; for example, goods, services, assets, liabilities, labor, income, expenses. It lends meaning to profits, losses, liability, or assets.


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