Question

Choose the statement that describes an advantage of paying a bill through the mail with a check.

a. No additional costs are involved.
b. The payment is noted immediately.
c. The bill is automatically paid on time.
d. You do not have to share banking information.

Answer 1

Paying a bill with a check offers the advantage (d) of not having to share banking information electronically, providing added security during transactions.

Step-by-step explanation:

The statement that describes an advantage of paying a bill through the mail with a check is d. You do not have to share banking information. When you pay with a check, your banking information remains off the internet and is only on the paper check itself, which can be a more secure method in contrast to online transactions where banking details are shared electronically.

Additionally, balancing your checkbook helps manage your money and avoid overdraft fees. It's worth noting that a debit card, unlike a check, instructs your bank to transfer money directly and immediately from your account to the seller, which does not offer this same advantage in terms of privacy.