Which of the Following Statements Correctly Identifies an Advantage of Checking

question 57

Multiple Choice

Which of the following statements correctly identifies an advantage of checking accounts over cash?​

• A)​Checks are more convenient to use for day to day transactions.
• B)​Checks are accepted by almost all sellers while cash may not be accepted.
• C)​Checks are more liquid than cash.
• D)​Lost or stolen checks cannot be used unless they have the account holder's signature.

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Definitions:

Schemas

Cognitive frameworks or concepts that help individuals organize and interpret information in the world around them.

Fragmented Memories

Incomplete or disjointed memories that may not form a coherent or detailed recollection of events.

Semantic Memory

A component of long-term memory that processes ideas and concepts that are not drawn from personal experience, including knowledge of facts, words, and symbols.

Chess

A strategic board game for two players involving tactical movements of pieces on a checkered board.