Question

quiz
question 1 of 8
what is the benefit of a checking account?
select a response.

• it allows you to save money and earn interest.
• it helps you spend money without carrying cash.
• it allows you to spend money and pay the bill later.
• it helps you invest money and gain a greater return.

Explanation:

To determine the benefit of a checking account, we analyze each option:

• "It allows you to save money and earn interest" describes a savings account, not a checking account.
• "It helps you spend money without carrying cash" is correct because checking accounts enable transactions (like using checks, debit cards) to spend money conveniently without cash.
• "It allows you to spend money and pay the bill later" describes a credit card or line of credit, not a checking account (which uses available funds).
• "It helps you invest money and gain a greater return" is for investment accounts, not checking accounts (which are for everyday transactions).

Answer:

B. It helps you spend money without carrying cash (assuming the second option is labeled B; if labels are different, adjust the identifier, but the text is "It helps you spend money without carrying cash").