Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks is that
A) they provide convenient receipts for purchases.
B) they can never be stolen.
C) they are more widely accepted than currency.
D) the funds from a deposited check are available for use immediately.

Question

Quizplus · Accepted Answer

Checks provide a record of the transaction, which can serve as a receipt for purchases.

Introduction of Checks into the Payments System Reduced the Costs