In a Debit Card System,the _____

question 34

Multiple Choice

In a debit card system,the _____.

• A)customer can either pay the full amount due immediately or defer payment
• B)customer is not billed until his or her billing cycle date
• C)retailer still has the risk of customer nonpayment
• D)purchase price is automatically deducted from a consumer's bank account and then entered into the retailer's account through a computer terminal

---

Definitions:

Natural Resources

Assets provided by nature without human intervention, such as minerals, forests, water, and land, that can be used for economic gain.

Natural Resources

Refers to commodities or raw materials that originate from the Earth and can be used for economic gain, such as minerals, forests, water, and land.

Act of Nature

Events caused by natural forces without human intervention, often resulting in damage or disruption, such as hurricanes, earthquakes, or floods.

Indefinite Life

Refers to intangible assets that are not expected to have a predictably limited lifespan and therefore are not amortized.