Question

1)A checking account is sometimes also called a:

Answer 1

1) demand deposit account.

2) Computer software.

3) Saved for emergencies.

4) A job.

5) It's far more difficult to manage an account electronically.

6) Checks written after the statement closing date wouldn't appear on the statement.

7) When a check is drawn for more than the balance, the rest comes from a credit card account.

8) The account holder does not need to record the amount of the purchase in his or her check register.

9) All the above.

10) Easier.