BUDGETING

BUDGETING

Assessment

Flashcard

Business

9th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is the ONLY thing you cannot do within a checking account? Options: make deposits, write checks, withdraw money, invest in stocks

Back

invest in stocks

2.

FLASHCARD QUESTION

Front

The card you use to both access funds in your bank account and pay for goods and services is: a credit card, a birthday card, a gift card, a debit card

Back

a debit card

3.

FLASHCARD QUESTION

Front

Writing a check is the same thing as:

Back

using a debit card

4.

FLASHCARD QUESTION

Front

What can I NOT do with a debit card? Options: withdraw money at an ATM, deposit money at an ATM, transfer money from one of my accounts to another, transfer money to another person's account

Back

transfer money to another person's account

5.

FLASHCARD QUESTION

Front

If I use my debit card for a purchase, I have to put in my PIN number. If I want to use my debit card for a credit purchase, I have to:

Back

sign a sales slip

6.

FLASHCARD QUESTION

Front

When I use my debit card, the money is almost immediately taken from my account.

Back

true

7.

FLASHCARD QUESTION

Front

Banks are financial intermediaries between: Debtors and borrowers, Debtors and creditors, Surplus and deficit units, Individual and corporate

Back

Surplus and deficit units

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