Which document shows all transactions in your account and is typically mailed monthly?

Which document shows all transactions in your account and is typically mailed monthly?

• A. Bank Statement
• B. Check
• C. ATM
• D. Credit Card

Answer: (A)

A bank statement is a summary of all activity in your account over a set period, usually a month. It lists every deposit, withdrawal, check that cleared, automatic payment, fee, and interest, along with the running balance. This makes it easy to review your finances, spot unauthorized transactions, and reconcile your records. The other options don’t fit because a check is just a single payment instrument, an ATM is a cash machine, and while credit card statements exist, they cover only card transactions, not the entire bank account activity.

A bank statement is a summary of all activity in your account over a set period, usually a month. It lists every deposit, withdrawal, check that cleared, automatic payment, fee, and interest, along with the running balance. This makes it easy to review your finances, spot unauthorized transactions, and reconcile your records. The other options don’t fit because a check is just a single payment instrument, an ATM is a cash machine, and while credit card statements exist, they cover only card transactions, not the entire bank account activity.