COST ACCOUNTING
FINANCIAL TERMINOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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William wants to have the opportunity of buying the things he needs to repair his house and make other purchases, even if he doesn’t have the cash in his pocket nor in his bank account. William needs a ____
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credit card
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debit card
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prepaid card
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POS (point of sale)
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Explanation:
Detailed explanation-1: -Rewards credit cards. Secured credit cards. Low-interest credit cards. Cashback credit cards.
Detailed explanation-2: -Using credit cards for everyday spending can help you build credit, earn rewards and give you additional protections that you’ll miss out on if you pay with cash or a debit card.
Detailed explanation-3: -Cash doesn’t come with any potential “over limit” or “late payment” fees.
There is 1 question to complete.