Which action should be taken to ensure accuracy in your checking account?

Study for the FDIC AIDT Ready-To-Work (RTW) Money Smart Exam. Practice with multiple-choice questions, each with hints and explanations. Prepare for your assessment!

Regularly reviewing account statements is essential for ensuring accuracy in your checking account. This action allows you to confirm that all transactions are accurately reflected, identify any errors or fraudulent charges, and track your spending habits more effectively. By keeping up with your account statements, you can maintain a clear understanding of your financial status, catch discrepancies in real-time, and make informed budgeting decisions. This proactive approach helps in avoiding overdrafts and maintaining control over your personal finances.

Other options don't facilitate the same level of financial oversight. Ignoring small transactions can lead to unnoticed errors, and only checking balances before purchases fails to provide comprehensive awareness of one's financial picture. Waiting until the end of the month delays necessary adjustments and prevents immediate corrective actions when discrepancies occur. Regular reviews empower you to stay engaged with your finances continuously.

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