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Questions and Answers
Which type of bank account is used to save money?
Which type of bank account is used to save money?
- Savings account (correct)
- Check
- Checking account
- Register
What is the purpose of a register?
What is the purpose of a register?
- To withdraw more money from an account than it holds
- To pay money directly from a checking account
- To compare two records of an account
- To record checks and other debits from a checking account (correct)
What does it mean to overdraw an account?
What does it mean to overdraw an account?
- To withdraw more money from an account than it holds (correct)
- To withdraw money from an account without a check
- To compare two records of an account
- To receive something brought upon yourself
What is an overdraft fee?
What is an overdraft fee?
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What is a voided check used for?
What is a voided check used for?
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