The use of checks in transactions
A)entails lower information costs than the use of currency.
B)entails fewer steps than settling transactions with currency.
C)avoids the cost of shipping currency back and forth.
D)entails lower information and fewer steps than settling transactions with currency.

Question

Quizplus · Accepted Answer

Checks avoid the cost of physically transporting currency, as they are processed electronically or through the banking system, eliminating the need for shipping cash.

The Use of Checks in Transactions