The phrase “balancing a checkbook” refers to which practice?(1 point)

Question

Responses

Deciding if one has enough money to make a large purchase
Deciding if one has enough money to make a large purchase

Operating a checking account that multiple people use
Operating a checking account that multiple people use

Comparing bank statements to withdrawal records (checks, ATM, ETF) to track spending
Comparing bank statements to withdrawal records (checks, ATM, ETF) to track spending

Opening a checking account for the first time

Answer 1

The phrase “balancing a checkbook” refers to comparing bank statements to withdrawal records (checks, ATM, ETF) to track spending.