ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following account records would have the most current balance?
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Account balance statement from the ATM
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Your own account register
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Your monthly bank statement
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All of these records will have accurate account balances
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Explanation:
Detailed explanation-1: -Failure to pay an overdraft fee could lead to a number of negative consequences. The bank could close your account, take collection or other legal action against you, and even report your failure to pay, which may make it difficult to open checking accounts in the future.
Detailed explanation-2: -A budgeted balance sheet is a financial document that presents the estimated value of a startup’s assets, liabilities, and equity in the foreseeable future.
Detailed explanation-3: -Types of Discretionary Expenses Vacations and travel expenses. Automobiles. Alcohol and tobacco. Restaurants and other entertainment-related expenses.
There is 1 question to complete.