7
QuizMultiple Choice

Money and Credit Management — Test

Question 7 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

Which payment option provides consistency in on-time bill payment?

Answer
A
submitting an online payment
B
mailing a check
C
making a payment by telephone
D
automatic withdrawal

Explanation

Automatic withdrawal schedules the payment to come directly from your account on a set date. This makes on-time bill payment more consistent than submitting a payment manually online, mailing a check, or paying by telephone, all of which require you to remember to act.

AI-written and checked against the verified answer.

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