Which of the Following Is a Disadvantage of Using Debits

question 74

Multiple Choice

Which of the following is a disadvantage of using debits cards over credit cards?

• A)You will not have a good record of your transactions.
• B)They charge higher interest rates than credit cards.
• C)You cannot tell if your bank account will become overdrawn.
• D)The fees charged to the cardholder can become significant.

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Definitions:

Internal Accommodation

The process by which cognitive structures are adjusted to incorporate new information.

Mirrored Reflection

The process of closely examining one's own thoughts, feelings, or actions, as if reflecting them in a mirror.

Unique Assimilation

The process of integrating new information into existing cognitive schemas in a way that is special to the individual.

Association Areas

Regions of the brain that integrate and process information from the sensory and motor areas to perform complex cognitive tasks.