Checks and currency function similarly, however:
A)Currency is a more effective means of payment
B)Carrying currency entails greater risk, because it cannot be replaced if lost or stolen
C)Currency is a better store of value than checking deposits
D)Checks are not included in measures of money, whereas currency is

Question

Quizplus · Accepted Answer

Carrying currency entails greater risk because if it is lost or stolen, it cannot be replaced, unlike checks which can be canceled or reissued.

Checks and Currency Function Similarly, However