Question

how is email a useful component of online banking?
i. email alerts can be used to warn you before you overdraw your account.
ii. you can have your bank statements emailed to you, getting them to you faster.
iii. only emailed bank statements can be used to support electronically - filed tax returns.
a. i only
b. ii only
c. i and ii only
d. i, ii, and iii
please select the best answer from the choices provided
○ a
○ b

Explanation:

• Analyze Statement I: Email alerts for overdraft warnings are a common online banking feature, so I is valid.
• Analyze Statement II: Emailing bank statements is faster than physical mail, so II is valid.
• Analyze Statement III: The claim that "only" emailed statements support e - filed tax returns is false, as other forms (e.g., downloaded statements) can also be used. Thus, III is invalid. So only I and II are correct.

Answer:

c. I and II only