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Banking Unit

Authored by Kelly Egan-Pater

Other

10th - 12th Grade

Used 18+ times

Banking Unit
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is a company engaged in the business of dealing with monetary (money) transactions; such as, loans, investments, and currency exchange.

Financial Institution

Commercial Bank

Financial Banks

Commercial Institution

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following types of Financial Institutions has this unit mainly focused?

Commercial Banks

Savings & Loans Associations

Credit Unions

Brokerage Firms

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What federal organization insures banks?

FDCI

FDOC

FDIC

FDDC

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you write a check it is automatically taken out of your checking account?

True

False

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following ways you can deposit into your account.

Direct Deposit

Online Deposit

Deposit Slip

Mail the check into the bank

Writing a check

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following situations would we sign the deposit slip?

Deposit Checks

Deposit Cash

When you deposit amounts over $100

When you are taking cash out of the deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the bank send you at the end of the month?

Bill

Bank Statement

Extra Money

Junk Mail

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