Which of the following is NOT a benefit of using cash?

Study for the BAFT Certificate in Principles of Payments Test. Utilize flashcards and multiple-choice questions, with hints and explanations for each query. Prepare thoroughly for your exam!

Cash transactions can provide a sense of privacy and immediacy, but they do not guarantee complete security. While cash is tangible and does not rely on electronic systems that could be vulnerable to cyber threats, it is still susceptible to theft, loss, and counterfeiting. When handling cash, individuals and businesses are left exposed to different risks, making it less than entirely secure.

In contrast, the other options highlight valid benefits of using cash. Cash does allow for easy price comparison, as customers can physically see and assess prices before making a buying decision. It also provides immediate settlement of transactions, allowing for instant completion without delays often associated with electronic payments. Lastly, while cash is a method of payment, it is not tied to the transportation of physical goods, which can be a factor for electronic transactions or services that do not require physical delivery.

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