Which of the Following Is True of Credit Cards

question 60

Multiple Choice

Which of the following is true of credit cards?

• A) They are a cheaper way to finance your education.
• B) They are an efficient way to keep track of purchases.
• C) They are an effective way of controlling the amount of debt the consumer incurs.
• D) They are less convenient than carrying cash or writing a check.

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Definitions:

Race

A socially constructed category of identification based on physical characteristics, ancestry, historical affiliation, or shared culture.

Education

The process of receiving or giving systematic instruction, especially at a school or university.

Category Of Diversity

A classification that differentiates people based on various attributes, such as race, gender, age, or cultural background.

Age

A measure of the time an individual has lived, typically expressed in years.