Future Business Leaders of America (FBLA) Business Calculations Practice Test

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Dive into the FBLA Business Calculations Test. Sharpen your analytical skills with multiple-choice questions and gain insights with detailed explanations. Excel in your exams!

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Which of the following is NOT a benefit of using online banking?

Convenience
24/7 access
Annual fees
Real-time transaction tracking

The correct answer is: Annual fees

C is the correct choice because annual fees are typically associated with certain types of banking services, rather than being a benefit of online banking. Rather, benefits of online banking include convenience, as it allows users to manage their accounts from anywhere at any time. The 24/7 access feature is another significant advantage, enabling customers to conduct transactions and manage their finances outside of traditional banking hours. Furthermore, real-time transaction tracking empowers users to monitor their financial activities instantly, contributing to greater control and awareness over their accounts. Thus, the other options listed are clearly benefits of online banking, whereas annual fees represent a potential cost or drawback, depending on the bank's policies.