Which is NOT a benefit of direct deposit? a) the money is available as soon as your employer makes the transfer. b) You do not need to drive to the bank to make a deposit. c) You can plan when you are paying bills. d) You can avoid having a hold placed on when funds are available.

Answer 1

The statement that is NOT a benefit of direct deposit is:

c) You can plan when you are paying bills.

Direct deposit provides the benefit of immediate access to funds as soon as they are deposited, and it eliminates the need to physically go to a bank. However, while it ensures that funds are available when deposited, it does not necessarily give you control over the timing of when you pay your bills; that would depend on the timing of your direct deposit and your personal budgeting schedule.