Check Writing/ Bank Statements

Check Writing/ Bank Statements

9th - 12th Grade

15 Qs

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Check Writing/ Bank Statements

Check Writing/ Bank Statements

Assessment

Quiz

Life Skills

9th - 12th Grade

Practice Problem

Medium

CCSS
RI.11-12.3, 7.NS.A.1C, L.3.1G

+5

Standards-aligned

Created by

Stephanie Deal

Used 8+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card

is the same as a credit card.

charges interest on all transactions.

is the same as a check, only in a plastic form.

is similar to a check, but delays payments like a credit card.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deposits represent

money that is subtracted from your checking account.

money that is available in your checking account.

money that is added to your checking account.

purchases made with a debit card.

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

There are various methods in which to pay for your purchases. Paul used a type of card to pay for his purchase that withdraws money immediately from his checking account. What is this type of payment card called?

credit card
debit card
401 card
savings plus card

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services?

Credit card
Debit card
ATM (automated teller machine)
Check

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

money subtracted from an account

withdrawal
deposit
transfer
balance

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a machine that allows bank customers to deposit or withdraw money without visiting their bank?

ATM (automated teller machine)
Safe deposit box
Credit card
Certificate of deposit (CD)

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Which of the following is TRUE about checks? (hint: choose 2 correct answers)

You should endorse the back when writing a check

The amount of money is written both numerically and in words

Checks should show up on your statement within 30 days

You should endorse the back when depositing a check

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