
WISE Banking
Flashcard
•
Mathematics
•
2nd - 11th Grade
•
Easy
Wayground Content
Used 1+ times
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a deposit?
Back
A deposit is when you put money into a bank account.
2.
FLASHCARD QUESTION
Front
What does the US Treasury Department do?
Back
The US Treasury Department is responsible for managing government revenue and notifying about large deposits.
3.
FLASHCARD QUESTION
Front
Why do employees like direct deposits?
Back
Employees prefer direct deposits because the money is deposited in their checking account faster.
4.
FLASHCARD QUESTION
Front
What is a Certificate of Deposit (CD)?
Back
A Certificate of Deposit is a type of savings account that usually pays a higher interest rate.
5.
FLASHCARD QUESTION
Front
What does it mean to make a withdrawal?
Back
Making a withdrawal means taking money out of a bank account.
6.
FLASHCARD QUESTION
Front
What is a savings account?
Back
A savings account is a bank account that earns interest on the money you save.
7.
FLASHCARD QUESTION
Front
What is the purpose of budgeting?
Back
Budgeting helps you plan how to spend and save your money.
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