In comparing money to a share of Microsoft stock held by an individual, we can say:
A)The share of stock is an asset, but money is a liability
B)Only the money is a means of payment, but both are stores of value
C)Only the money is a means of payment, but both are units of account
D)Both the Microsoft stock and the money are liabilities

Question

Quizplus · Accepted Answer

Both the money and the share of Microsoft stock can be considered stores of value, meaning they can hold or retain value over time. However, only money is typically accepted as a means of payment, while a share of stock would need to be sold or traded for money before it could be used to make a purchase. Additionally, both money and a share of stock can serve as units of account, as they can be used to measure the value of goods and services.

In Comparing Money to a Share of Microsoft Stock Held