part ii: what did you learn? use what you learned from analyzing the checking account statement to answer…

part ii: what did you learn? use what you learned from analyzing the checking account statement to answer this question. 1. why is it important to review your checking account statement? what fees might this help you avoid? explain your answer.

part ii: what did you learn? use what you learned from analyzing the checking account statement to answer this question. 1. why is it important to review your checking account statement? what fees might this help you avoid? explain your answer.

Answer

Brief Explanations:

Reviewing a checking account statement helps you detect unauthorized transactions, errors, and monitor spending. It can help avoid overdraft fees (if you notice low - balance situations early), monthly maintenance fees (if there are requirements not met), and potential fraud - related fees. By catching issues early, you can take action to prevent unnecessary charges.

Answer:

It is important to review your checking account statement to detect unauthorized transactions, errors, and monitor spending. This can help avoid fees such as overdraft fees, monthly maintenance fees, and fraud - related fees.