Which of the following statements is true about the amount deposited from a credit card transaction?

The statement that the deposited amount equals the sale transaction minus merchant fees is accurate. When a customer makes a purchase using a credit card, the business does not receive the full sale amount immediately. Instead, a percentage of the transaction, known as the merchant fee, is deducted by the payment processor or acquiring bank before the funds are deposited into the merchant's account.

This means that for every credit card transaction, the business should expect to receive less than the total sale amount due to these processing fees. The different payment processors can have varying rates, but it is standard practice for them to retain a portion of the sale for their services. Understanding this concept is crucial for businesses to manage their cash flow and accounting accurately.

The other statements do not accurately reflect how credit card transactions are processed. The first statement implies that the business receives the full transaction amount, which is not the case due to the deduction of fees. The third statement focuses on credit limits, which pertains to the cardholder’s capacity to spend but does not influence the merchant's deposited amount. The fourth statement suggests that the amount does not need approval, which is misleading, as transactions typically go through an authorization process to ensure payment will be received.