Transaction Type

Transaction Type

8th Grade

10 Qs

quiz-placeholder

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Transaction Type

Transaction Type

Assessment

Quiz

8th Grade

Practice Problem

Medium

Created by

Darlene Smith

Used 11+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Your brother goes to an ATM and withdraws money from his checking account.

Debit Card

Credit Card

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Last month Erica used a card to purchase a new Iphone from a popular electronics store. When the bill arrived she realized she only had enough to make the minimum payment.

Debit Card

Credit Card

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Cassie has been putting her allowance into a checking account that her grandmother opened for her. She decides to use some of the money to buy a movie ticket online.

Debit Card

Credit Card

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Your grandparents have made you an authorized user on their account and have given you a card to use to get your back to school supplies

Debit Card

Credit Card

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Luis get an alert through his mobile banking app notifying him that the latest purchase he made has caused his account to go into the negative. The fee for over drafting his account is $35.

Debit Card

Credit Card

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The family central air unit was in need of repairs. Your dad pays for the repairs with a card and says "We don't have enough to cover the repair right now. I will have to put this on my card and pay the bill when I get paid."

Debit Card

Credit Card

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Your mom returned the Michael Kor bag she purchased that was the wrong color. A few days later she checks her online bank statement to see if the money had been returned to her checking account.

Debit Card

Credit Card

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