객관식
Which of the following would be considered part of an employee’s salary receivable?
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7. Receivables and Investments
Types of Receivables
객관식
What is the financial consequence of making only the minimum payment on your credit card statement each month?
A
Your credit limit will automatically increase.
B
You will incur interest charges on the remaining balance, increasing your total debt over time.
C
Your entire credit card balance will be paid off immediately.
D
You will avoid all interest charges and fees.
검증된 단계별 안내1
Understand the concept of credit card minimum payments: When you make only the minimum payment, you are paying a small portion of your total balance, typically including interest and a fraction of the principal amount.
Recognize the financial consequence: The remaining balance on your credit card will continue to accrue interest, which increases your total debt over time.
Analyze the impact of interest charges: Credit card interest rates are often high, meaning the longer you carry a balance, the more you will pay in interest charges.
Consider the long-term effect: Making only minimum payments can lead to prolonged debt repayment periods and higher overall costs due to accumulated interest.
Evaluate alternatives: Paying more than the minimum amount or paying off the full balance each month can help avoid interest charges and reduce total debt.
