Bank accounts

Bank accounts

9th Grade

20 Qs

quiz-placeholder

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Bank accounts

Bank accounts

Assessment

Quiz

Life Skills

9th Grade

Practice Problem

Medium

Created by

A Gibson

Used 161+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The BEST place to store money in your home would be?

In a lockable box
Under the mattress
Under the floorboards
In your back pocket
In a piggy bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is storing money in your house a bad idea?

You can access it instantly
You don't have to give notice to withdraw it.
It could burn down or you forget about where you hid it.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you are carrying cash where should you store it?

In your pencil case
In a purse or wallet
Rolled into a neat wad

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do when using cash for buying items?

Pay in smaller denominations.
Throw away your receipt.
Check your change.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is a safe place to store your money?

Bank, building society or credit union.
A bank in Iceland.
A Christmas hamper company.
A piggy bank

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks store money and lend money. True or false?

true
false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Savers earn interest. True or false?

true
false

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