Which Would Be the Least Effective Way to Manage Expenses

question 42

Multiple Choice

Which would be the least effective way to manage expenses when travelling internationally?

• A)Credit cards
• B)Money order
• C)Traveller's cheques
• D)Debit card

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Definitions:

Market Price

the current value at which an asset or service can be bought or sold in the marketplace.

Dividends Per Share

A measure indicating the amount of dividend a company pays out to its shareholders per share of stock, reflecting the return on investment for shareholders.

No-Par Common Stock

Refers to shares issued without a par value, meaning their value is not set in the company's articles of incorporation.

Journal Entries

The method by which financial transactions are recorded in a company's accounting records in chronological order.