Question

Why is it important to review your checking account statement?

Spot and correct errors
Keep track of fees charged
Keep on top of balance to avoid overdraft
All of the above

Answer 1

Reviewing your checking account statement is important to spot and correct errors, keep track of fees charged, and avoid overdraft.

Step-by-step explanation:

Reviewing your checking account statement is important for several reasons. Firstly, it allows you to spot and correct errors that may have occurred, such as incorrect charges or unauthorized transactions. Secondly, it helps you keep track of fees charged by the bank, such as monthly maintenance fees or overdraft fees. Lastly, reviewing your statement helps you keep on top of your balance to avoid overdraft and potential fees.

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