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O-LevelCommerceBanking7100/11 · Oct/Nov 2013 · Q341 Mark

Which method of payment does not require a person paying a bill to have a bank account?

Acheque

Bcredit transfer

Cdirect debit

Dstanding order

✓ Correct answer

B: credit transfer

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2013 Paper 1 Variant 1, question 34.

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