The Business of Banking (B1)

The Business of Banking (B1)

9th - 12th Grade

•

40 Qs

quiz-placeholder

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The Business of Banking (B1)

The Business of Banking (B1)

Assessment

Quiz

•

Social Studies, Life Skills, Business

•

9th - 12th Grade

•

Practice Problem

•

Easy

Created by

Danielle Tuttle

Used 30+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

United 1st Credit Union is which type of financial intermediary?

depository

non-depository

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Banks are non-profit businesses.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A business that acts as a middle-man by facilitating financial transactions between others

corporate intermediary

central finance department

financial intermediary

intermediate focus group

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Whish asset is least liquid?

cash in your wallet

money in your checking account

real estate

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Creditworthy customers must have

a good credit rating

sufficient collateral

ongoing income to make loan payments

all of the answers listed are correct

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Historically, who could use a commercial bank?

only individuals

only businesses

both individuals and businesses

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Who can use the services of a commercial business today?

only individuals

only businesses

both individuals and businesses

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