14
QuizMultiple Choice

Banking: How to Manage Your Money — Quiz

Question 14 • Economics

Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?

Answer
A
to know when her bills are due
B
to ensure she's paying her fair share in taxes
C
to know how much money she has for budgeting
D
to determine the exact date she can retire

Explanation

Checking bank statements lets Nina see her current balance and recent spending. That information helps her make a realistic budget and know how much money she has available. Monitoring statements does not determine her tax share, bill due dates, or retirement date.

AI-written and checked against the verified answer.

Previous
Next