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determine whether the following statement is true or false. if the stat…

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

Explanation:

Brief Explanations

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.

Answer:

D. This statement is false. When using a debit card, the money spent is deducted electronically from the user’s bank account