which of the statements about a reported lost or stolen travel card is true?

The true statement about a reported lost or stolen travel card is that the cardholder is responsible for authorized charges made before losing the card. This is generally the case because cardholders are liable for any transactions they authorized prior to reporting the card as lost or stolen. Other statements, such as the old account remaining open until the new card is received or guaranteed issuance of a new card and PIN within five business days, are not universally accurate. Reporting the loss immediately is critical to prevent unauthorized use and to initiate the process to freeze or cancel the card and possibly get a replacement card or emergency cash assistance.