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Payment Methods Review

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Last updated 9 months ago
10 questions
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Question 1
1.
A disadvantage of paying with a(an) __________ is that you will eventually run out of them and have to purchase more.
Question 2
2.
An advantage of paying with a(an) __________ is that the payment is often ensured by your bank so that you aren't responsible for charges made by someone other than you.
Question 3
3.
An advantage of paying with a(an) __________ is that it can be used when you need to buy something, but you don't have the money to pay for it at the time you purchase it.
Question 4
4.
A disadvantage of using __________ is that if you lose it, you have a greater chance of never getting it back than you'd have with other forms of payment.
Question 5
5.
Paying with a __________ is different from a credit card because it is drafted immediately from your bank account.
Question 6
6.
A disadvantage of paying with a(an) __________ it takes several days before the money leaves your account, making it possible to overspend and incur an overdraft fee.
Question 7
7.
A disadvantage of using a(an) __________ is that it may cost you money in the form of interest.
Question 8
8.
An advantage of paying with a(an) __________ is that it requires you to enter a PIN number when you use it. The PIN number helps secure your account.
Question 9
9.
An advantage of using __________ is that many businesses and individuals accept no other form of payment.
Question 10
10.
Paying with a(an) __________ takes more time than other forms of payment.