An account from which you can make a debit card transaction is called a ____ account.

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Prepare for the MindTap Medical Administrative Assistant Test. Use flashcards and multiple choice questions with hints and explanations. Enhance your readiness for the exam!

A checking account is specifically designed for frequent transactions and is the account type from which you can make debit card transactions. This account allows you to deposit money, withdraw funds, and make various forms of payments, including using a debit card for purchases. It typically offers unlimited transactions, making it ideal for day-to-day financial activities.

In contrast, an overdraft account refers to an arrangement where the bank allows you to withdraw more money than you have in your checking account up to a certain limit, and while it can be associated with a checking account, it is not a standalone account type for transactions.

A savings account, on the other hand, is designed primarily for storing money and earning interest over time rather than frequent transactions. While some savings accounts may offer limited withdrawal capabilities, they are not intended for everyday debit card use.

A custodial account is set up to manage assets for a minor, managed by a custodian until the minor reaches a specified age. This account typically has limitations on how funds can be accessed and used.

Given this context, a checking account is clearly the most appropriate answer, as it is the primary type of account designed for debit card transactions.

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