22
QuizMultiple Choice

Earning Income — Test

Question 22 • Personal Finance

Adrienne has several receipts from recent transactions that she entered in her records. The receipts include an ATM receipt for a 60 point 0 0 dollars withdrawal (plus a 2 point 0 0 dollars transaction fee), a grocery store receipt for 32 point 5 0 dollars , and a 1 dollars comma 200 paycheck deposit slip. When she finishes entering her transactions, Adrienne realizes that her balance is incorrect. Assuming that Adrienne’s beginning account balance was 320 point 0 0 dollars , why is her balance incorrect?

Answer
A
Adrienne did not enter her ATM withdrawal correctly.
B
Adrienne forgot to include the 2 point 0 0 dollars ATM transaction fee.
C
Adrienne deducted 23 point 5 0 dollars from her balance instead of 32 point 5 0 dollars .
D
Adrienne did not use 320 point 0 0 dollars as her starting balance.
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