Banking Basics

Quiz
•
Life Skills
•
10th - 12th Grade
•
Medium
Noah Heckmann
Used 7+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which type of account is used for everyday transactions (Now Money) using a debit card or writing a check?
Savings Account
Checking Account
XBox Live
Apple Pay
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which is NOT a Financial Institution?
Brick and Mortar Bank
Internet Bank
Credit Union
Raising Cane's Chicken Fingers!
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which type of account is used to store money for an emergency or long term goals (Later Money)?
Checking
Savings
Business
Credit
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
You can earn a little interest on your money with a ________ account
Savings
Checking
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Interest can be earned...
Daily
Weekly
Monthly
All The Above
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
TRUE or FALSE? Managing your money is important?
False
True
7.
OPEN ENDED QUESTION
5 mins • 1 pt
Give one reason why managing your money is important.
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