25
QuizMultiple Choice

Topic Test

Question 25 • FowU - Financial Math - B

Which of the following is not a benefit to using credit instead of cash?

Answer
A
Using credit can help you build a good credit rating.
B
Using credit allows you to make impulsive buys.
C
Using credit makes it easier to track your spending than cash.
D
Using credit offers a convenient source of funds in an emergency.

Explanation

Using credit can help build a credit rating, provide convenient funds in an emergency, and make spending easier to track. But being able to make impulsive purchases is a risk, not a benefit, because it can lead to overspending or debt. Therefore, the choice that is not a benefit is “Using credit allows you to make impulsive buys.”

AI-written and checked against the verified answer.

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