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Banking Vocabulary TEST!!!

Authored by Stephanie Engebretson

6th - 7th Grade

CCSS covered

Used 126+ times

Banking Vocabulary TEST!!!
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23 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When you put money into an account you are making a....

withdrawal

fee

income

deposit

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.4.10

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When writing a check, it is a good idea to use

pencil

erasable pen

blue or black ink pen

red pen

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.4.10

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When the bank pays a transaction for you because you don't have enough money in your account it's called an........

withdrawal

overdraft

bank

income

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To take money out of an account is called....

annual

withdrawal

fee

deposit

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Transaction:
Hannah paid her rent by writing a $400 check to her landlord.  This is a _________.

Deposit (+)
Withdrawal (-)

Tags

CCSS.L.6.6

CCSS.L.7.6

CCSS.L.8.6

CCSS.W.6.2D

CCSS.W.7.2D

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Taking money out of an account is called a...

deposit

loan

interest

withdrawal

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

CHECKING accounts are used for money you plan on...

saving

spending

counting

loaning out

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