Question

Vítor knows he must prepare and possibly prevent overdraft funds fees since they are charged automatically. Which statement below would be the least effective element of a plan Vitor could use to accurately estimate (or minimize) overdraft fees on the account?
a.
Always keep extra money in the account for such unexpected events.
b.
Use the debit card for a large number of small purchases and check the balance later.
c.
Always keep track of how much is being temporarily held
d.
Do not enter deposits into the register until they are verified as available.



Please select the best answer from the choices provided


A
B
C
D

Answer 1

B

Using the debit card for many small purchases and checking the balance later increases the chance of holds/overdrafts and makes tracking harder, so it is the least effective option.