Checking Review

Checking Review

9th Grade - University

20 Qs

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Checking Review

Checking Review

Assessment

Quiz

Other Sciences, Other

9th Grade - University

Medium

Used 10+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your checking account balance is $100.  You deposit your birthday money of $200 and use your debit card to buy a $75 outfit.  What is your new balance?

$225
$275
$375
none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to the payee's signature on the back of the check?

signature card
check register
endorsement
bank statement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to checks that have been written but not cashed?

cancelled check
demand deposits
outstanding checks
bank statements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can handle your checking account through online banking.

True 
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Some banks charge $20 or $25 penalty fee for checks you don't have enough money to cover.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Check you have written that hasn't been cashed.

endorsement
withdrawal
outstanding check
overdraft protection

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money taken out of your checking account.

withdrawal
stop payment
endorsement
outstanding

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