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 compared to checks because if currency is lost or stolen, it cannot be easily replaced. Checks, on the other hand, can be canceled and reissued if they are lost or stolen, providing a safer alternative for carrying large amounts of money.

Checks and Currency Function Similarly, However