Reconciling a checking account is
A) Not necessary because the bank never makes a mistake
B) Complicated and difficult to do
C) Not necessary because you can check your balance online and on ATM receipts
D) Something that everyone should do

Question

Quizplus · Accepted Answer

Reconciling a checking account is important to ensure that there are no errors or fraudulent charges on the account. It helps to maintain accurate financial records and prevent overdrafts. While banks do provide online and ATM access to account information, it is still recommended to reconcile the account regularly to catch any discrepancies.

Reconciling a Checking Account Is