GLA6 Review

Front

What is a primary service of a bank?

Back

Banks offer checking and savings accounts to their customers.

Front

What is a variable expense?

Back

A variable expense is a cost that can change, such as groceries or entertainment.

Front

If Mr. Stinnan bought 4 bags of Easter candies with 8 candy eggs each, how many candy eggs did he have in total?

Back

32 candy eggs.

Front

How many candy eggs were LEFT OVER after putting an equal number in 9 gift boxes?

Back

5 candy eggs.

Front

How many toothpicks are in each pack if there are 5,400 toothpicks in a box containing 9 packs?

Back

600 toothpicks.

Front

What is the value of the number 8 in 184,765?

Back

80,000.

Front

What is a checking account?

Back

A checking account is a bank account that allows you to deposit and withdraw money easily.

Front

What is a savings account?

Back

A savings account is a bank account that earns interest on the money deposited.

Front

What is the difference between fixed and variable expenses?

Back

Fixed expenses remain the same each month, while variable expenses can change.

Front

What is an example of a fixed expense?

Back

Rent is an example of a fixed expense.