9COM Consumer Choice Quiz 2 Payment Methods

Question 1

What part of the cheque does the drawer keep in their cheque book?

Accepted Answer

Cheque Butt

Question 2

True or False, Australians are now spending less on Education?

Accepted Answer

False

Question 3

What does the 'P' in EFTPOS stand for?

Accepted Answer

Point

Question 4

What is an advantage of Book-Up?

Accepted Answer

encourages responsible management

Question 5

How is the amount in a cheque written?

Accepted Answer

Numbers and words

Question 6

What type of payment method do Phishing scammers mainly target?

Accepted Answer

Credit Card

Question 7

True or False: You can pay a bill by phone

Accepted Answer

True

Question 8

Which is NOT a method of payment from the Commerce syllabus dot points?

Accepted Answer

Stealing

Question 9

How often do credit card companies usually send out statements?

Accepted Answer

Monthly

Question 10

True or False: Lay-By is considered to be a form of cash payment?

Accepted Answer

True

Questions 10