Answered

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What could result if you fail to reconcile your monthly bank statement?

A. You may earn less interest than expected.
B. You may miss an investment opportunity.
C. You may pay too much for stock.
D. You may miss inaccuracies in your account.

Sagot :

GinnyAnswer

Final answer:

Balancing your checkbook is essential to prevent financial problems.


Explanation:

Balancing your checkbook is crucial to avoid financial issues. Failing to reconcile your monthly bank statement can lead to repercussions such as facing overdraft fees and the inconvenience of having transactions rejected due to insufficient funds.


Learn more about Financial Management here:

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