Question

The best way to investigate fraudulent transactions on your credit card is to ? A. Review your recent credit card Statements. B. Review all old bank statements. C. Keep a copy of your bank statements in a safe place. D. Keep track of your monthly budget.

Answer 1

The answer to this question is option B.

Reviewing old bank statements, brings to light anomalies in cash deposits and withdrawals. Amounts that may have been sent for deposit, may not have been deposited completely. Or an authorised staff may have withdrawn more than a specified amount.  

Similarly, reviewing bank statements help to establish a pattern for cash transactions, which helps us pinpoint errors and other fraudulent transaction.

Answer 2

option b is correct answer

The best way to investigate fraudulent transactions on your credit card is to review all old bank statements.

We can know all the past details and the problems can also be solved very easily.

Therefore , the 2nd option " review all old bank statements " is correct.