The maximum dollar amount that can be borrowed using the cash advance provision on a credit card is called the:
A)ceiling.
B)finance charge.
C)interest rate.
D)emergency fund.
E)rate of return.

Question

Quizplus · Accepted Answer

The maximum dollar amount that can be borrowed using the cash advance provision on a credit card is referred to as the "ceiling." This term is used to denote the upper limit set by the credit card company for cash advances.

The Maximum Dollar Amount That Can Be Borrowed Using the Cash