Answers DRHS GA-GSE Personal Financial Literacy Unit Test — Unit testQuestion 24

24

QuizMultiple Choice

Unit Test — Unit test

Question 24 • DRHS GA-GSE Personal Financial Literacy

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.

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