
Unit 4 Test: Banking
Authored by Krysta Scholle
Other
11th - 12th Grade
Used 16+ times

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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment method used to obtain cash in a country's currency and is considered safe, because you sign them once you purchase them and a second time when you cash them in.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allows customers to perform deposits and withdrawals at a computer terminal which is electronically connected to their bank account.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Process of earning money on the original deposit and any previously earned interest.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A protected number given to a debit card holder to allow him/ her access to the account.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of the original investment, before interest is calculated.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you sign the back of the check with "For Deposit Only" and your signature.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment method where you pay the amount of the check or money order plus a fee up front. Accepted by businesses, because you prepaid the amount shown, so they are guaranteed the money
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