9
QuizMultiple Choice

Financial Literacy

Question 9 • CCSD Personal Finance CP 25-26 (0.5)

How can banks help consumers manage money?

Answer
A
by paying the consumers’ bills when they are due
B
by keeping money safe in the bank’s accounts
C
by requiring that consumers stick to their budgets
D
by providing consumers with sample budgets

Explanation

Banks help consumers manage money by providing accounts where they can deposit and keep their money safe. Banks may offer tools that help with budgeting, but they do not require customers to stick to a budget or routinely pay all their bills for them. The correct choice is “by keeping money safe in the bank’s accounts.”

AI-written and checked against the verified answer.