Banking & Money Management

Banking & Money Management

Assessment

Flashcard

Business

9th - 12th Grade

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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