Banking

Banking

11th - 12th Grade

16 Qs

quiz-placeholder

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Banking

Banking

Assessment

Quiz

Other

11th - 12th Grade

Hard

CCSS
6.NS.C.7C, 7.EE.B.3, RI.11-12.3

+4

Standards-aligned

Used 1K+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taking more money out of your account than is available​ is called?

Overdraw
Deposit
Withdraw
Balance

Tags

CCSS.6.NS.C.7C

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taking more money out of your account than is available​ is called?

Overdraw
Deposit
Withdraw
Balance

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is one difference between Banks and Credit Unions?

Banks have Checking accounts and Credit Unions have Savings Accounts
Banks are for profit.  Credit Unions are Non-profit.
Banks can give loans and Credit Unions cannot
Credit Unions allow everyone to join and Banks are selective

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the amount of money required to be stay in an account?

Maximum Balance
Minimum Balance
Minimum Deposit
Maximum Deposit

Tags

CCSS.7.EE.B.3

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What agencies insure banks and credit unions?

IRS and DHS
DHS and FDIC
FDIC and NCUA
NCUA and FICA

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

You should keep your pin number in your wallet.

True
False

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the name of a legal document that functions like cash?

Check
ATM
Deposit slip
PIN

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