Question

U
1 point
You are at the checkout counter at the local supermarket, use your debit
card to pay for your groceries, and select "credit” when the cashier asks
"Debit or credit?" Where does the money for this purchase come from? *
Your credit card company covers the cost
O It is deducted directly from your checking account
Your credit card company provides you with a cash advance to cover the cost
It is deducted from your credit card account

Answer 1

Answer: It is deducted directly from your checking account

Explanation:

A Debit card is linked to your bank account so when it is used, it will always be deducted directly from your checking account.

The Debit or Credit option simply refers to how the transaction will be processed. With a Debit the transaction goes through a different computer network than the Credit which goes through the Credit computer network.

Bottom-line is that debit cards are bank accounts.