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Which One of the Following Statements Is True About Credit

Question 23

Multiple Choice

Which one of the following statements is true about credit cards -


A) credit card issuers charge a percentage of the sale as the transaction fee
B) credit cards used and credit cards accepted use the same set of linked accounts
C) the linked bank account for credit cards used is the payables linked bank account
D) the linked asset account for credit cards accepted is the receivables linked bank account

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