Checking Account Review

Checking Account Review

9th - 12th Grade

75 Qs

quiz-placeholder

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Checking Account Review

Checking Account Review

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Medium

CCSS
RI.11-12.3, RI.8.3, 2.MD.B.6

+8

Standards-aligned

Created by

Donna Stubbe

Used 23+ times

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75 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a restrictive endorsement is "For Deposit Only"

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of a banking fee?

Overdraft Fee
Minimum Balance
ATM Fee
Deposit Fee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card allows you to make purchases and pay the money back at a later date

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are advantages of a debit card?

Convenience
Limited Liability if Stolen
Pay Later

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This account is designed for easy access and for everyday expenses

Savings
Checking 
Money Market
CD

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a factor when choosing a financial institution?

Location
Interest
Insurance
All of the Above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fee that is charged for borrowing money

Overdraft Fee
Borrower Fee
Interest
ATM Fee

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