Which of the following is true of both paying with a check and paying with a debit card?

Both are accepted by most people and most businesses.

A personal identification number must be anytime checks or debit cards are used.

When used, both take money directly out of a bank account.

Both work like a loan from your bank that you can pay back later.

Question

Business

Semaj Shepard

3 February, 14:16

Which of the following is true of both paying with a check and paying with a debit card?

Both are accepted by most people and most businesses.

A personal identification number must be anytime checks or debit cards are used.

When used, both take money directly out of a bank account.

Both work like a loan from your bank that you can pay back later.

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Answers (2)

Know the Answer?

Scarlet Gregory · Answer 1

A. Both are accepted by most people and most businesses.

Explanation:

B is incorrect because you do not need a personal identification number (PIN) to use a check.

C is incorrect because while debit cards do this, checks do not.

D is incorrect because debit cards take money directly out of your account.

Araceli Ortega · Answer 2

The correct option is A.

Both paying with a check and paying with a debit card is accepted by most business as means of payment. The two methods allows you to draw money from your account to settle your funds needs.

Although, both means can be used to pay for purchases, there are some basic differences between the two method. For instance, a PIN is needed for you to utilize your debit card, but check does not required this. Also, an overdraft check can be drawn from a bank, but with debit card, you can only spend the money you have in your account.