Banking

Quiz
•
Business
•
10th Grade
•
Medium
+7
Standards-aligned
Nidhi Raval
Used 11+ times
FREE Resource
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of check endorsement begins with name "Pay to Marcia Bernas....
blank
restrictive
special/full
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of check endorsement would consist of an individual's signature only.
blank
restrictive
special/full
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cheque that is older that 3 months old is called a stale check.
true
false
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The drawer is the person writing cheque
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What type of endorsement is the most secure?
Blank Endorsement
Restrictive Endorsement
Endorsement in Full
Full Endorsement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank is...
a business that keep money for customers and makes loans.
a company that uses your money for bartering.
an organization that holds money and other valuable assets.
a business that borrows money from you.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sum of money borrowed for a certain amount of time is called a....
loan
down payment
interest
borrow
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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