BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This allows you to withdraw cash from your account or make payments electronically.
A
Debit Card
B
Loan Account
C
Signature Card
D
Payday card
Explanation: 

Detailed explanation-1: -Checking account: A checking account offers easy access to your money for your daily transactional needs and helps keep your cash secure. Customers can typically use a debit card or checks to make purchases or pay bills. Accounts may have different options to help avoid the monthly service fee.

Detailed explanation-2: -Using a debit card at an ATM. You can either withdraw cash, deposit a check or cash, transfer money, or view your balance. After you’re finished with the transaction, be sure to take both your debit card and receipt with you.

Detailed explanation-3: -If you use a debit card at a retail store, you or the cashier can run your card through a scanner that enables your financial institution to verify electronically that the funds are available and approve the transaction. Most debit cards also can be used to withdraw cash at ATMs (automated teller machines).

Detailed explanation-4: -Checking accounts are a household money management staple, allowing you to pay bills and make purchases through electronic transfers, paper checks and debit cards. Consumers usually keep their checking accounts for a long time.

There is 1 question to complete.