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Banking Review

Authored by Emily Lehky

Life Skills, Other, Business

10th Grade

15 Questions

Used 59+ times

Banking Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where can you safely keep your money for saving and checking?

bank or credit union

piggy bank

pocket

penny stocks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which agency controls the banks?

Federal Reserve System

Federal Trade Commission

Securities & Exchange Commission

Federal Bureau of Investigation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the FDIC do?

Monitors insider trading

Insures money in bank accounts up to $250,000

Prosecutes bank robbers

Issues overdraft fees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a check register used for?

Filing income taxes

Setting up direct deposit

Recording checking account transitions

Sending electronic payments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are outstanding checks?

Checks that are going to bounce.

Checks that have been written but not yet cleared.

Really cute checks.

Checks that have been endorsed.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If you write a check but there is not enough money in your account to cover it you will get a/an ______________ service charge

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which form directs the bank to pay someone a certain amount of money from your account?

check

tax form

statement

postcard

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