Questions: Question 7 If you use mobile payment and you lose your phone, you should: Just start using your credit card A. instead. Get a new phone and keep using the B. same card in the app. C. Cancel your credit card ASAP. D. Get someone else to pay for everything. Question 8 Never trust ATM machines to tell you your checking account balance. True. False.

The answer is C

This option does not address the potential security risk of having your mobile payment information compromised if your phone is lost. It is important to secure your financial information first.

While getting a new phone is necessary, it is crucial to first ensure that your financial information is secure. Simply continuing to use the same card without addressing the potential security breach is not advisable.

This is the most secure option. If your phone is lost, there is a risk that someone could access your mobile payment app and make unauthorized transactions. Canceling your credit card immediately helps prevent any potential misuse.

This is not a practical or responsible solution to the problem. It does not address the security risk associated with losing your phone.

The answer is False

ATM machines are generally reliable for providing your checking account balance. However, it is always a good practice to cross-check with your bank statements or online banking to ensure accuracy. While there may be occasional discrepancies due to pending transactions or technical errors, ATM machines are designed to provide accurate account information.