Which of the following statements about money is incorrect?

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A debit card itself is not money; it simply facilitates the transfer of funds between accounts.All forms of personal wealth, regardless of type, should be classified as money.Funds in your bank's checking account are nearly as accessible for purchases as cash in your wallet, so checking account balances are included in money supply calculations.In a sophisticated economy, distinguishing precisely between assets that qualify as money and those that do not is challenging.

Explanation

Option B is incorrect because not all wealth counts as money. Money specifically refers to assets that serve as a medium of exchange, a unit of account, and a store of value. Other forms of wealth, like physical assets or investments, do not function as money.