FA: Chapter 2 Vocabulary
11th - 12th Grade
•28 Qs
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FA: Chapter 2 Vocabulary
Quiz
•
Mathematics
•
11th - 12th Grade
•
Medium
+16
Standards-aligned
Caroline Travis
Used 11+ times
FREE Resource
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28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
to put money into an account
Deposit
Withdrawal
outstanding
check
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
an account at a bank against which checks can be drawn by the account depositor.
deposit
check
Checking Account
electronic funds transfer (EFT)
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
the electronic transfer of a payment directly from the account of the payer to the recipient's account.
Direct deposit
withdrawal
outstanding deposit
endorse
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
the process by which banks record whose account gives up money and whose account receives money when a customer writes a check
withdrawal
Check clearing
outstanding deposit
payee
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
a check which has been paid by the bank
canceled check
check clearing
deposit
outstanding check
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The person who writes a check.
Drawer
payee
endorse
automated teller machine (ATM)
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
a term used to indicate that the writer of the check did not have enough money to cover the check
overdraft protection
outstanding check
insufficient funds
canceled check
Tags
CCSS.RI.11-12.7
CCSS.RI.9-10.7
CCSS.RL.11-12.7
CCSS.RL.8.7
CCSS.RL.9-10.7
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