In Comparing Money to a Share of Microsoft Stock Held

question 13

Multiple Choice

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.

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Definitions:

Social Responsibility

The concept that businesses should contribute to the welfare of society and operate in a manner that is ethical, legal, and sustainable, beyond just seeking profits.

Prestige

The respect, admiration, or distinction accorded to a person or organization, based on success or quality.

Innovation

The act or process of introducing new ideas, devices, or methods, aiming to enhance processes, products, or services.

Performance Appraisal

A systematic evaluation of an employee's work performance and productivity to understand their abilities for further growth and development.