Banking terms

Quiz
•
Special Education, Education, Life Skills
•
6th - 12th Grade
•
Medium
Nichole Fritz
Used 27+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Where your money goes when you get paid is a
Savings Account
Checking account
Blank account
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When you pull money from your account you are
withdrawing
dancing
depositing
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
It is important to keep money in this account for emergencies
Checking account
Transfer account
Savings account
4.
MULTIPLE SELECT QUESTION
2 mins • 1 pt
Choose all the reasons checking accounts are different from savings accounts.
Checking accounts are short term
can always access anytime
Can look at checking but not saving
you can put money in or take money out at anytime
5.
MULTIPLE SELECT QUESTION
2 mins • 1 pt
Choose all the reasons why a savings account is different from a checking account.
can only pull money from the account a limited number of times month
used for emergencies
long term account
bills come out of it
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
To move money from one account to another is a
deposit
transfer
withdraw
overdraft
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
To pull too much money from your account is
overdraft
deposit
transfer
withdraw
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