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Credit vs Debit

Authored by CARMELIA MCNEILL

Business, Education, Life Skills

9th - 12th Grade

CCSS covered

Used 89+ times

Credit vs Debit
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You are charged interest on purchases

credit card

debit card

both

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Great for emergency situations

credit card

debit card

both

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is convenient

Credit Card

Debit Card

Both

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

May receive cash from an ATM

credit card

debit card

both

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is borrowed and repaid at a later date

Credit Card

Debit Card

Both

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is automatically taken out of a checking or savings account

Credit Card

Debit Card

Both

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It replaces cash

Credit card

Debit card

Both

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