One of the disadvantages of using electronic money is it is possible to lose track of one's budget.

A. false
B. true

I honestly thought that it was B - but really it should help you keep track....what do you think?

If a person is VERY careful and checks online daily (or even more often), it's false.

If a person is careless about keeping track, it's true.

This is a tricky question because it's negatively phrased and because it's not clear if the "one" is careful or not.

I agree - that's how the questions are a lot of the time...it's almost like you are guessing. thanks for your help I think I will go with A

Let us know what the answer is, according to the bad-test writers!!

lol...ok it will be just a minute - I will let you know

Writeacher I changed my mind at the last minute and went with true....it was right.

thanks again for your help

Excellent!!

To determine the correct answer, let's break down the advantages and disadvantages of using electronic money and see if it is possible to lose track of one's budget.

Advantages:
1. Convenience: Electronic money allows for easy and quick transactions without the need for physical cash.
2. Security: It reduces the risk of theft and counterfeiting associated with physical money.
3. Access: Electronic money can be used for online purchases and transactions, providing access to a wider range of goods and services.

Disadvantages:
1. Impulsive Spending: With electronic money, it is easier to make impulsive purchases since there is no physical exchange of money. This can lead to overspending and losing track of one's budget.
2. Monitoring Difficulties: While electronic money provides digital records of transactions, it can still be challenging to monitor and track expenses effectively. Some people may not review their electronic statements regularly, leading to a lack of awareness about their overall spending.

Considering these points, it is clear that one of the disadvantages of using electronic money is the possibility of losing track of one's budget. Therefore, the correct answer is A. False.

However, it should be noted that individuals can take proactive steps to avoid losing track of their budget when using electronic money. This includes setting spending limits, regularly reviewing transaction history, and utilizing personal finance tools or apps to track expenses.