Virtual Business Personal Finance

You can handle your checking account through online banking.

• True 
• False

Money taken out of your checking account.

• withdrawal
• stop payment
• endorsement
• outstanding

Checking accounts should be used for ...

• everyday transactions.
• emergency funds.
• short-term goals.
• long-term goals.

Cash can be withdrawn from a checking account using all of the following except a(n)...

• debit card. 
• check. 
• ATM.
• credit card.

What do you need to withdraw cash from an ATM?

• Pin Number
• Debit Card
• Cash in your Account
• All of the Above

If you use an ATM that is not sponsored by your bank, you may be...

• given extra money.
• given a hug.
• given ice cream.
• charged a service fee.

7) A resume is a formal document that presents a person's knowledge, skills, and abilities to potential employers.

• True
• False

What type of information should you include on a resume?

• Your social security number
• Your family information
• Your job skills and history
• Your family tree

Which of the following can help a person lower her personal risk of loss?

• A will
• Insurance
• Mutual funds
• Home ownership

Money that a person pays to an insurance company for a policy is called a 

• debt
• premium
• deductible
• liability