AAFM Exam CWM_LEVEL_2 Topic 6 Question 54 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 54
Topic #: 6

[All CWM_LEVEL_2 Questions]

Section A (1 Mark)

Which of the following statements regarding debit and credit card liability is correct?

AA credit card carries more risk of loss to the cardholder.

BA debit card carries more risk of loss to the cardholder.

CThere is no cardholder liability if either type of card is lost.

DThe Government insures losses on credit but not debit cards.

Show Suggested Answer

Suggested Answer: C

by Wynell at Jan 07, 2023, 09:14 AM

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4 days ago

I think the correct answer is A.

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