What makes a checking account more conveniant than a savings account?

Business

2 answers:

goblinko [34]3 years ago

7 0

I agree= I would also go with D

Alex17521 [72]3 years ago

6 0

"You can spend your money without having to withdraw cash first" makes a checking account more convenient that a savings account. The correct option in regards to the given question is option "D". In savings account it is never possible to spend money first without having to withdraw cash first. It is also not right to say that checking account holders earn more interest than a savings account holder. The checking account is simply like a current account and so there is no chance of earning more interest than the savings account. The checking account allows numerous withdrawals and unlimited deposits while this is not possible with a savings account.

You might be interested in

Do you think it is easier or harder to be ethical in a leadership role?

love history [14]

Ethically probably harder,

8 0

3 years ago

In the DuPont Model, return on equity (ROE) is dependent on the firm's:

Anna35 [415]

Answer:

A. Net margins, debt leverage, and asset turnover.

Explanation:

ROE = (Net income / sales) x (sales / total assets) x (total assets / shareholders equity)

I hope my answer helps you

8 0

3 years ago

Contributions by a self-employed individual to a SEP plan for 2019 are limited to the lesser of a percent of net earned income o

andrezito [222]

e. $0

SEP PLANS ONLY PERMITS EMPLOYER CONTRIBUTIONS.FOR A SELF -EMPLOYED INDIVIDUAL,CONTRIBUTIONS ARE LIMITED TO 25% OF YOUR NET EARNINGS FROM SELF-EMPLOYMENT (NOT INCLUDING CONTRIBUTIONS FOR YOURSELF) UP TO $57,000 (FOR 2020) ; $56,000 FOR 2019.

6 0

3 years ago

A person who has not worked in six months and has given up looking for work is officially classified as unemployed. true false

just olya [345]

True they belong to the bracket of unemployed citizens and are dependent on the working force or are consuming their savings

8 0

3 years ago

A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions n

juin [17]

Answer:

Management information

Explanation:

From the question we are informed about instance, whereby A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions need to be made. In this case, The type of information system most likely to provide this type of information would be classified as a Management information. Management information system can be regarded as a an information system that is been used in decision-making as well as in the coordination, control and analysis or visualization of information in an organization.

Studing of management information systems encompass the people as well as the processes and technology as regards an organizational context.

3 0

3 years ago