
EverFi Payment Types Module 3

Assessment
•
Pamala Smith
•
Other
•
9th - 12th Grade
•
507 plays
•
Hard
Student preview

20 questions
Show answers
1.
Multiple Choice
a. Money order
b. Cashier's check
c. Pre-paid card
d. All of the above
2.
Multiple Choice
a. Checks and Debit Cards both withdraw money directly from a bank account.
b. Checks are the most widely accepted form of payment
c. Debit Cards often have a higher interest rate than Credit Cards.
d. Debit cards offer the highest level of fraud protection.
3.
Multiple Choice
a. Debit cards allow you to draw funds directly from your checking account.
b. Debit cards typically offer greater fraud protection than credit cards.
c. Debit cards never require a signature to finalize a purchase like credit cards.
d. Debit cards charge higher interest rates on purchases than credit cards.
4.
Multiple Choice
a. They offer the highest level of fraud protection.
b. They are the best payment type to use when trying to stick to a budget.
c. You can be charged a fee if you are late making a monthly payment.
d. Some offer rewards, like cash back or airline miles.
5.
Multiple Choice
a. Credit cards
b. Cashier's checks
c. Pre-paid cards
d. Payday loans
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