When a credit card is used to pay for a purchase the amount is deducted directly from your chequing account.
Correct Answer:
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Q4: The drawer writes the cheque.
Q19: A signature card is kept in the
Q25: Debit cards can be used in many
Q26: Petty Cash _ _ _ _
Q27: When a debit card is used to
Q33: List and describe some of the electronic
Q33: External control includes control over the assets
Q34: A deposit receipt usually separates cheques deposited
Q35: Electronic funds transfers are a growing trend
Q38: What is the purpose of internal control?
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