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Question
question 2 of 10
which type of checking account charges a small fee for every check that
clears the account?
a. cost-per-check account
b. average balance account
c. minimum balance account
d. free account
A cost - per - check account is defined as a type of checking account where a small fee is charged for each check that clears the account. An average balance account's fees or features are related to the average balance of the account over a period. A minimum balance account requires the account holder to maintain a certain minimum balance to avoid fees or to get certain benefits, and a free account typically does not charge fees for check usage or other basic services. So, based on the description in the question, the cost - per - check account is the one that charges a small fee for every check that clears the account.
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A. Cost - per - check account