Question

Choose the fragment which best completes the following sentence. The closing date of a credit card bill is the last day

you can make a payment without owing late charges

you can pay off your balance without owing any interest

of listed purchases in a billing cycle

of finance charges in a billing cycle

Answer 1

The statement closing date of your credit card is the last day on which transactions can occur in a billing cycle. Any transaction posted after midnight on the statement closing date of your credit card will be reflected in the next month's billing cycle.

Answer 2

so i think it would be

of listed purchases in a billing cycle

Answer 3

since purchases are transactions

Answer 4

Hmm okay, I was thinking it was D

Answer 5

maybe it is d, the wording seems quite ambiguous to me

Answer 6

it is either C or D though

Answer 7

My friend thought it was A

Answer 8

i just did some googling

Answer 9

The closing date on your credit card represents the last day that new charges are applied to the current billing period.

Answer 10

So C or D

Answer 11

i reckon you might be right..just because it is leaning to the financial charges rather than listed purchases

Answer 12

Okay thanks!

Answer 13

good luck!

Answer 14

D was wrong

Answer 15

:O what was it then?

Answer 16

either A or C?

Answer 17

It doesn't tell me -__-

Answer 18

how are you supposed to learn then!

Answer 19

Exactly!

Answer 20

you should complain! haha. how did you friend go with that question, didn't you say she/he said it was A?

Answer 21

Yeah, she just guessed. It sounds right though. Hm

Answer 22

finance is not really my thing anyway...

Answer 23

never seemed to enjoy it