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GoodMad_ GoodMad_
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7 years ago
Which of the following statements is true concerning overdrafts?
A) They are inexpensive nuisances because banks usually do not charge for overdrafts.
B) An effective way to prevent them is to "overload" the account.
C) They differ from "bounced checks" in that "bouncing" a check is a mistake while an overdraft is deliberate.
D) They can be avoided by arranging an automatic transfer from a savings account.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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