Checking study guide

Checking study guide

10th Grade

14 Qs

quiz-placeholder

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Checking study guide

Checking study guide

Assessment

Quiz

Life Skills

10th Grade

Medium

Created by

Miriam Alcaraz

Used 6+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most common type of endorsement.

Blank

Qualified

Restrictive

Special

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account from which payments can be ordered by a

depositor.

checking account

debit card

dishonored check

petty cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A signature or stamp on the back of a check, transferring

ownership.

endorsement

canceled check

checking account

NSF check

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Signing or endorsing a check over to another person.

special endorsement

restrictive endorsement

blank endorsement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An endorsement restricting further transfer of a check’s

ownership.

special endorsement

restrictive endorsement

postdated check

blank endorsement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Non-profit financial institution that is owned by the shareholders and pay dividends based on income

Credit Union

Bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Reconciling your account is to compare your check register to your bank statement.

True

False

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