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which statement is true about debit and credit cards? more businesses a…

Question

which statement is true about debit and credit cards? more businesses accept credit cards than debit cards credit cards withdraw money directly from a bank account; debit cards dont you get a monthly statement for a credit card, but not for a debit card debit cards withdraw money directly from a bank account; credit cards dont

Explanation:

Brief Explanations

To determine the true statement about debit and credit cards:

  • Analyze the red option: Most businesses accept both debit and credit cards, and often debit cards are widely accepted too, so this is false.
  • Analyze the blue option: Debit cards withdraw from a bank account, credit cards use a line of credit, so this is reversed and false.
  • Analyze the orange option: Both credit and debit cards provide monthly statements (for transaction tracking), so this is false.
  • Analyze the green option: Debit cards draw funds directly from the linked bank account. Credit cards use a credit line (repayment later), so this is true.

Answer:

Green Option: Debit cards withdraw money directly from a bank account; credit cards don’t