An asset in a portfolio always represents
A)a medium of exchange.
B)a unit of account.
C)a store of value.
D)the same thing as a liability.

Question

Quizplus · Accepted Answer

An asset in a portfolio always represents a store of value, meaning it holds value over time and can be used as a means of saving or investing. A medium of exchange (A) is something used to facilitate transactions, like currency, while a unit of account (B) is a standard measure used to compare value. A liability (D) is something owed by an individual or entity, the opposite of an asset.

An Asset in a Portfolio Always Represents