Question

20. Which is not a true statement about the disadvantages of certain methods of payment?

A. You may be charged interest if you do not pay off your debit card balance each month.
B. You will not be able to make purchases online if you are paying with cash.
C. You may be charged an overdraft fee if you try to spend more on your debit card than is in
your linked account.
D. You may be at risk for hacking if you use online banking.

Answer 1

Option B is not a true statement as there are other methods of payment for online purchases.

Step-by-step explanation:

Option B is not a true statement about the disadvantages of certain methods of payment. While it is true that cash cannot be used for online purchases, there are other methods like debit cards, credit cards, or mobile payment apps that can be used for online transactions. Cash is primarily used for in-person transactions, and it does not require any personal information that can be at risk for hacking.

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