The following are advantages of electronic payment systems except:
A)record keeping is easy.
B)the marginal cost of transaction is low.
C)float is drastically reduced.
D)the initial investment is high.

Question

Quizplus · Accepted Answer

The statement mentions that electronic payment systems have advantages such as easy record-keeping, low marginal cost of transactions, and reduced float. However, it notes that the initial investment is high, which means that it is not an advantage. Therefore, the best choice is D.

The Following Are Advantages of Electronic Payment Systems Except