Why Is It Good to Balance Your Checking Account

question 51

Multiple Choice

Why is it good to balance your checking account?

• A) To check for evidence of identity theft
• B) So you don't overdraw your account
• C) To get better at math
• D) To check for evidence of identity theft AND to make sure you don't overdraw your account

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Definitions:

Preoperational Intelligence

Piaget’s term for cognitive development between the ages of about 2 and 6; it includes language and imagination (which involve symbolic thought), but logical, operational thinking is not yet possible at this stage.

Symbols

Marks, signs, or objects that represent ideas, concepts, or other abstractions.

Logical Reasoning

The process of using a rational, systematic series of steps based on sound mathematical procedures and given statements to arrive at a conclusion.

Egocentrism

A developmental phase where an individual is unable to differentiate between their own perspective and that of others, commonly seen in early childhood.