Stage 5 Testing 2:True-False Statements
In this part of the test,you will read ten statements about the information presented in the lecture.First read the statement carefully.Then check your notes to decide whether the statement is true or false.If it is true,write a T in the blank space before the statement; if it is false,write an F in the blank.
1._______ATM transactions in Zimbabwe in 2010 reached at least US$255 million.
2._______Debit card payments in the United States grew by12.9% from 2006 to 2009.
3._______As long as you have a checking account with a bank,you can withdraw cash from an ATM machine.
4._______When you use a credit card,you can make purchases up to whatever the amount you wish.
5._______A virtual credit card is a plastic card that has a“buy now,pay later”feature.
6._______If you want to use a stored-value card,you need to transfer money from your check account to the card.
7._______You may use a smart card on an ATM machine,a personal computer and even a specially equipped telephone.
8._______When you click the buy option on the Internet,your e-cash is automatically transferred from your bank account to the merchant’s bank account.
9._______The biggest advantage for e-cash users is that the items they pick are delivered to them as soon as they select the buy option.
10._______Only after an e-check is verified as valid can funds be transferred from the e-check holder’s bank account to the merchant’s account.