You received a text message from your favorite music store. The message says, We are offering a special half-price-off sale for our frequent customers. When you return the message, you are told that you can only get the discount if you order by phone. You have been thinking about buying speakers, and this is a good deal to cut down on the cost. Of the following, which is the best action you should take?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

You received a text message from your favorite music store. The message says, “We are offering a special half-price-off sale for our frequent customers.” When you return the message, you are told that you can only get the discount if you order by phone. You have been thinking about buying speakers, and this is a good deal to cut down on the cost. Of the following, which is the best action you should take?

A	Make the call and be prepared to place the order using your debit card for payment.
B	Make the call to place the order only if you can pay when you receive an invoice.
C	Use the phone number from a previous sales slip or other trusted source to call the company to confirm the sale information.
D	Place the order, and give the caller contact information for one of your friends so your friend can also take advantage of the sale.

Explanation:

Detailed explanation-1: -If you “bounce” a check when your make a purchase at a clothing store, what could happen? You could be charged a fee by the store.

Detailed explanation-2: -Checking accounts are better for regular transactions such as purchases, bill payments and ATM withdrawals. They typically earn less interest-or none. Savings accounts are better for storing money. Your funds typically earn more interest.

Detailed explanation-3: -When you use a debit card, you give your bank permission to immediately remove money from your bank account. You can replace a lost unused gift card by requesting a replacement card from the same business. Credit unions and banks provide the same types of financial services.

Detailed explanation-4: -By using EFT you eliminate the risks associated with lost, stolen or misdirected checks. With EFT, you will save yourself and your company valuable time. EFT eliminates excess paper and helps you automate your office. EFT is the preferred method of payment!

There is 1 question to complete.