The Advantages of Credit Include

question 93

Multiple Choice

The advantages of credit include

• A)can purchase goods even when funds are low
• B)carrying credit cards is safer than carrying cash
• C)a credit card can allow you to carry up to a 30 day "float
• D)credit cards may be used for identification when cashing a cheque
• E)all of these are advantages of credit

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Definitions:

Remuneration

Compensation or payment received for employment or services provided, including salary, wages, bonuses, and benefits.

Annual Salary

The total amount of money earned by an employee in a year from their job before deductions.

Organization

A structured group of people working together towards shared goals, characterized by defined roles, responsibilities, and processes.

Pre-Existing Medical

Conditions or illnesses that an individual already had before applying for insurance or starting a new health-related protocol.