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Banking Basics

Authored by Noah Heckmann

Life Skills

10th - 12th Grade

Used 7+ times

Banking Basics
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10 questions

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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

Facebook

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 • Ungraded

Give one reason why managing your money is important.

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Google

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Email

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Classlink

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Clever

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Microsoft

Microsoft

Apple

Apple

Others

Others

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