Banking & Finance Review

Debit cards require using this to access the account to perform transactions.

• ATM
• PIN
• Check register
• Checking account

A legal document that functions like cash.

• Check
• ATM
• Deposit slip
• PIN

All transactions including deposits, checks, debit card purchases, additional fees, and ATM use should be recorded here immediately after completion.

• Deposit slip
• Check register
• Debit card
• Check

Using a PIN is optional when using a debit card.

• True
• False

Monthly bank report that states your transactions and balance

• Wall Street Journal

• Bank Statement

• School Statement

• Checking Report

When your employer automatically deposits your paycheck into your bank account

• Deposit

• Payroll Check

• ATM

• Direct Deposit

All ATM machines charge a fee to use them.

• True
• False

If you withdraw more money than you have in your checking account you might be charged

• An underdraft fee
• an overdraft fee
• a check cashing fee
• with a small loan fee

When must you sign a deposit slip?

• when you receive cash back
• when you deposit any amount of cash
• when you deposit more than $100
• when you deposit more than $10,000

A blank endorsement on a check:

• Has no effect on the check
• Cancels the check
• Creates a check that can be cashed by anyone
• Restricts the use of the check