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Lesson 6 Checking Account Vocabulary

Authored by Lenora Manna

Business

9th - 12th Grade

Used 2+ times

Lesson 6 Checking Account Vocabulary
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that cashes checks, giving the customer cash in exchange for a fee for the service.

bank statement

credit union

check cashing store

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A card that is loaded with a specific cash amount before you use it but then looks and works like a credit card until the full value is spent.

debit card

prepaid card

credit card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A deposit that has been made but not yet added to the person's bank account

direct deposit

outstanding deposit

payee

PIN

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check that has been written but not yet deducted from the person's bank account.

voided check

outstanding check

cancelled check

PIN

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person to whom a check is may payable to

payer

payee

creditor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number you need in order to use an ATM card

CID number

PIN number

account number

routing number

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you write this word across a check, it become non-negotiable and cannot be cashed.

TENDERED

VOID

NON-NEGOTIABLE

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