Responsible Banking and Money Managment

Responsible Banking and Money Managment

Assessment

Flashcard

Business

11th Grade

Hard

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17 questions

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1.

FLASHCARD QUESTION

Front

Amount of money in your account at a given time.

Back

balance

2.

FLASHCARD QUESTION

Front

Where would you think most people spend their money?

Back

On things most meaningful to their heart

3.

FLASHCARD QUESTION

Front

What is the most frequent and costly banking mistake? Options: Misplacing your debit card, Using an outdated checkbook, Forgetting your PIN, Overdrawing your account

Back

Overdrawing your account

4.

FLASHCARD QUESTION

Front

Why is it important to track your spending?

Back

To avoid overdrawing your checking account

5.

FLASHCARD QUESTION

Front

To put money $$ in the bank, is called: WITHDRAWAL, DEPOSIT, INVEST, WRITE A CHECK

Back

DEPOSIT

6.

FLASHCARD QUESTION

Front

To take money OUT of your account, is called: WITHDRAWAL, DEPOSIT, TRUST, STEAL

Back

WITHDRAWAL

7.

FLASHCARD QUESTION

Front

How long can some deposits take to show up in your checking account?

Back

Up to three business days

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