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

While both money and a share of Microsoft stock are stores of value, only money serves as a means of payment. Additionally, both are units of account as they can be used to measure the value of other goods and assets. However, neither money nor the stock are liabilities, as they represent ownership or value rather than debt.

In Comparing Money to a Share of Microsoft Stock Held