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Question
determine whether the following statement is true or false. if the statement is false, make the necessary change(s) to produce a true statement. when using a credit card, the money spent is deducted electronically from the user’s bank account. choose the correct answer below a. this statement is false. when using a gift card, the money spent using the gift card is deducted electronically from the user’s bank account b. this statement is false. when using a credit card, the money spent is added electronically to the user’s bank account c. this statement is true. d. this statement is false. when using a debit card, the money spent is deducted electronically from the user’s bank account
To determine the correctness, we analyze credit and debit card functions. A credit card allows borrowing (no immediate bank account deduction), while a debit card deducts from the linked bank account. Option A is wrong (gift cards use pre - loaded funds). Option B is wrong (credit card spending is a debt, not added to the bank account). Option C is wrong as credit card spending isn't deducted from the bank account. Option D correctly states the statement is false and gives the correct debit card behavior.
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D. This statement is false. When using a debit card, the money spent is deducted electronically from the user’s bank account