10
QuizMultiple Choice

Banking: How to Manage Your Money

Question 10 • Economics - Pathways

Which of these is an advantage of checking accounts?

Answer
A
Checking accounts prevent the customer from having overdraft fees.
B
Checking accounts allow convenient ways to deposit or withdraw funds.
C
Checking accounts are processed immediately so customer and bank records always match.
D
Checking accounts offer limited checks but offer higher rates of interest.
Which of these is an advantage of checking…