Which of the following is a reason why you should reconcile your bank accounts regularly?
A)You or your bank may have made a computational error.
B)Checks you have written may not have cleared your account.
C)Fees may have been assessed lowering your balance below what you think you have on deposit.
D)All of these

Question

Quizplus · Accepted Answer

Reconciling your bank account regularly helps to identify and correct errors and discrepancies, such as computational errors made by you or your bank, checks that have not cleared your account, and fees that may have been assessed without your knowledge. Therefore, all of the choices listed are important reasons for reconciling your bank accounts regularly.

Which of the Following Is a Reason Why You Should