QUESTION IMAGE
Question
what security measure is recommended to protect your savings account? *
a. changing banks frequently
b. setting up account alerts
c. avoiding online banking altogether
d. sharing account access with family members
what is one advantage of choosing an in - person bank over an online bank? *
a. higher interest rates
b. lower fees
c. face - to - face interactions
d. better mobile apps
Response
First Question:
Brief Explanations
- Option A: Changing banks frequently is not a security measure and can be inconvenient, so it's incorrect.
- Option B: Setting up account alerts (e.g., for transactions) helps monitor account activity, a good security measure.
- Option C: Avoiding online banking altogether is not practical and online banking can be secure with proper measures, so incorrect.
- Option D: Sharing account access with family increases risk, not a security measure.
Brief Explanations
- Option A: Online banks often have higher interest rates, so this is incorrect.
- Option B: Online banks typically have lower fees, so this is incorrect.
- Option C: In - person banks allow face - to - face interactions with bank staff, which is an advantage over online banks (which are digital - only for interaction).
- Option D: Online banks usually invest more in mobile apps, so this is incorrect.
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B. Setting up account alerts