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American_Bankers_Association

CTFA · Question #36

A good way to keep your spending in line is to make all household transactions (even fun money or weekly cash allowances) using a tightly controlled:

The correct answer is A. Checking account. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

A good way to keep your spending in line is to make all household transactions (even fun money or weekly cash allowances) using a tightly controlled:

Options

  • AChecking account
  • BBalance sheet
  • CBudget
  • DSavings account

How the community answered

(18 responses)
  • A
    78% (14)
  • B
    11% (2)
  • C
    6% (1)
  • D
    6% (1)

Topics

#budgeting#checking account#household finance#cash management

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