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Which statement is FALSE about most ATM (Automated Teller Machine) cards? 20 A Must have account w/a financial Institution to have a card You can always get cash anywhere in the world with no fee Can generally obtain account t balance info at an AUM machine You can generally get cash 24 hours a day,seven days a week

Problemas

Which statement is FALSE about most ATM (Automated Teller
Machine) cards?
20
A Must have account w/a financial Institution to have a
card
You can always get cash anywhere in the world with
no fee
Can generally obtain account
t balance info at an AUM
machine
You can generally get cash
24 hours a day,seven days
a week

Which statement is FALSE about most ATM (Automated Teller Machine) cards? 20 A Must have account w/a financial Institution to have a card You can always get cash anywhere in the world with no fee Can generally obtain account t balance info at an AUM machine You can generally get cash 24 hours a day,seven days a week

Solución

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Xavierprofessionell · Tutor durante 6 años
expert verifiedVerificación de expertos
4.1 (218 votos)

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The false statement about most ATM (Automated Teller Machine) cards is:<br /><br />B. You can always get cash anywhere in the world with no fee.<br /><br />Explanation:<br />ATM cards are typically issued by financial institutions and are linked to a checking or savings account. To use an ATM card, you must have an account with a financial institution. This is true, so option A is not the false statement.<br /><br />Option B is the false statement because it is not always possible to get cash anywhere in the world with no fee. ATM cards may have fees associated with them, especially when used at ATMs that are not owned by the cardholder's financial institution. Additionally, some ATMs may charge a fee to non-customers or for transactions in a foreign currency. Therefore, option B is the false statement.<br /><br />Option C is true because most ATM machines allow users to check their account balance. This is one of the primary functions of an ATM card.<br /><br />Option D is also true because ATM cards can generally be used to withdraw cash on weekdays, although there may be limits on the amount that can be withdrawn and certain restrictions may apply.
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