AFP
CTP · Question #624
(Topic 7) From a consumer's perspective, all of the following are true of both debit cards and credit cards EXCEPT:
The correct answer is A. transactions are posted to bank accounts as withdrawals. See the full explanation below for the reasoning.
Question
- (Topic 7)
From a consumer's perspective, all of the following are true of both debit cards and credit cards EXCEPT:
Options
- Atransactions are posted to bank accounts as withdrawals.
- Btransactions may require authorization from the card issuer.
- Ctransactions can be conducted at automated teller machines.
- Dmerchants receive availability within three business days.
How the community answered
(26 responses)- A81% (21)
- B4% (1)
- C4% (1)
- D12% (3)
Community Discussion
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