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Cashless society

Quiz by Tameris

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8 questions
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  • Q1
    What does the text suggest about the relationship between cashless payments and crime?
    Cashless payments increase crime.
    Crime rates are unchanged.
    All crime disappears in cashless societies.
    Cashless payments can reduce crime.
    30s
  • Q2
    What aspect of spending is made easier in a cashless society?
    Overspending due to convenient transactions.
    Monitoring expenses.
    Setting budgets more easily.
    Saving more money overall.
    30s
  • Q3
    What convenience does a cashless society provide for international travel?
    Purchases can be made anywhere in the world.
    It simplifies currency exchange.
    It eliminates the need for passports.
    It reduces travel costs.
    30s
  • Q4
    What is a potential risk of a cashless society according to experts?
    Vulnerability to cybercriminals.
    Higher manufacturing costs for currency.
    Less convenience for consumers.
    Increased physical theft.
    30s
  • Q5
    Which group is mentioned as relying on cash?
    Universities and schools.
    Buskers and charities.
    Banks and financial institutions.
    Online retailers.
    30s
  • Q6
    What event is suggested to be bringing us closer to a cashless society?
    The rise of credit unions.
    The popularity of cash payments.
    The invention of credit cards.
    Covid-19.
    30s
  • Q7
    What is predicted to be in our future regarding cash usage?
    A society where cash is always used.
    A society where cash is preferred.
    A society where cash is no longer of value.
    A society where only coins are accepted.
    30s
  • Q8
    What can make a cash payment a preferable option according to the disadvantages mentioned?
    It often involves waiting for services.
    It requires advanced technology.
    It is more expensive for businesses.
    Making a cash payment is a simple, low-tech act.
    30s

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