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Balancing a checkbook relies on which types of mathematical operations?

a. Addition and subtraction
b. Addition and multiplication
c. Multiplication and division
d. Subtraction and division

User Aberaud
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1 Answer

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Final answer:

Balancing a checkbook primarily involves addition and subtraction to record and update the balance by adding deposits and subtracting withdrawals. This process is a practical application of arithmetic that emphasizes attention to detail for accuracy. Therefore, the correct answer is Option A.

Step-by-step explanation:

When balancing a checkbook, the primary mathematical operations involved are addition and subtraction. This is because you need to record and update the balance by adding deposits to and subtracting withdrawals from the starting balance. Balancing a checkbook is essentially a practical application of these basic arithmetic skills.

Operations with Money

The key operations with money, such as finding the total value of coins and bills, converting dollars and coins into dollars, and managing transactions, all rely on the ability to accurately add and subtract amounts of money. For example, if you deposit a paycheck, you would use addition to update your balance. Conversely, if you withdraw money or write a check, you would subtract the amount from your current balance.

Attention to Detail

While working with whole numbers in balancing a checkbook, it's crucial to pay attention to all the details to ensure accuracy. This attention to detail includes verifying each transaction, keeping a running total, and confirming that the new balance correctly reflects the changes. This meticulous approach helps prevent errors that could lead to overdrafts or financial discrepancies.

User Kevin Vaughan
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