Banking & Money Management
Flashcard
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Hard
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30 questions
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1.
FLASHCARD QUESTION
Front
Which of the following refers to the payee's signature on the back of the check, used in order to cash or deposit the check? Options: signature card, check register, endorsement, bank statement
Back
endorsement
2.
FLASHCARD QUESTION
Front
Which of the following refers to checks that have been written but not cashed? Options: cancelled check, demand deposits, outstanding checks, bank statements
Back
outstanding checks
3.
FLASHCARD QUESTION
Front
A __________ is a log where YOU keep track of all your checking transactions; you should record a check here immediately after writing it.
Back
register
4.
FLASHCARD QUESTION
Front
Which of the following is NOT something that you fill out on a check? your signature, the date, your birth date, who the check is made payable to
Back
your birth date
5.
FLASHCARD QUESTION
Front
Who is the Payee?
Back
The person receiving a check
6.
FLASHCARD QUESTION
Front
If you use an ATM that is not sponsored by your bank, you may be...
Back
charged a service fee.
7.
FLASHCARD QUESTION
Front
The first set of numbers on the bottom of a check, which identifies your financial institution electronically is...
Back
the routing number.
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