Financial Literacy Vocabulary

Quiz
•
Mathematics
•
6th Grade
•
Medium
+4
Standards-aligned
Shiloh Ray
Used 34+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Define Bank/Financial Institutions
Money added to a financial account through an electronic transaction
An exchange of money through deposits, withdrawals, and transfers
A company or business that focuses on financial transactions such as loans, deposits, withdrawals, and investments
A withdrawal from a checking account or withdrawal using a debit or ATM card
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is a deposit?
The amount of money held in a financial account
Adding money to a financial account such as a checking account or a savings account
A withdrawal from a checking account or withdrawal using a debit or ATM card
Money paid for services
Tags
CCSS.6.NS.C.5
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is a direct deposit?
Money added to a financial account through an electronic transaction
An exchange of money through deposits, withdrawals, and transfers
a document to record fees, deposits, withdrawals, and other financial transactions
When there is not enough money in a checking account to pay for withdrawals (banks charge fees for NSF)
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The amount of money held in a financial account is
a withdrawal
a debit card
the balance
a fee
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Taking money from a financial account is
the balance
check register
a deposit
a withdrawal
Tags
CCSS.7.NS.A.1A
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is a check register?
Money paid for services
a document to record fees, deposits, withdrawals, and other financial transactions
A withdrawal from a checking account or withdrawal using a debit or ATM card
When there is not enough money in a checking account to pay for withdrawals (banks charge fees for NSF)
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An exchange of money through deposits, withdrawals, and transfers is
a transaction
a fee
the balance
Insufficient Funds
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