Entry Exam Category: High School Equivalency Exams
Course: HiSET
Exam: HiSET Social Studies Practice Test
Practice Question
What is the effect of a debit on a person's checking account?
Answer Choices
- A: The account's balance increases.
- B: The account's balance decreases.
- C: The account's interest rate increases.
- D: The account's interest rate decreases.
Correct Answer: B
Rationale: A debit withdraws money from a checking account, reducing its balance.