One Major Difference Between a Debit and Credit Card Is

question 94

Multiple Choice

One major difference between a debit and credit card is:

• A)You can build a credit history with the credit card but not with the debit card
• B)You have to pay interest on your purchases if you use a credit card
• C)Credit cards are money and the debit card is not
• D)Debit cards charge late fees

---

Definitions:

Financial Constraints

Limitations on the availability or use of financial resources, affecting an individual's or organization's ability to make decisions.

Different Departments

Units within an organization specialized in distinct operations like marketing, finance, and human resources.

Visionary Organization

An entity guided by a clear, innovative vision for the future, often leading to groundbreaking advancements and leadership in its field.

Organizational Direction

The strategic aims and objectives that guide a company or organization’s decisions and activities towards achieving its long-term goals.