Unit 3 - Banking & Money Management Test

Front

You should always use permanent ink when writing a check.

Back

True

Front

Approximately how often does a financial institution (Bank or credit union) send a bank statement through the mail?

Back

monthly

Front

When you take out money from the bank. You are making a ____________?

Back

withdrawal

Front

What is labeled number 3? Options: Check number, Payee, Date, Account number

Back

Date

Front

What is labeled number 4? Options: Date, Account number, Check number, Amount in numbers

Back

Check number

Front

What is labeled number 5? Options: Account number, Routing number, Amount in words, Amount in numbers

Back

Amount in numbers

Front

What is labeled number 6? Options: Payee, Payor, Signature, Bank

Back

Signature

Front

What is labeled number 8? Options: Memo, Signature, Payor, Amount in numbers

Back

Memo

Front

What is labeled number 10?

Back

Amount in words

Front

Does the check number appear more than once on the check?

Back

Yes