Checking Account Test

This occurs when the amount you withdraw from your account is more than your balance.

• Overdraft

• Overdue Payment

• Stop Payment

• Funds Transfer

A ______________ is a list of transactions in your bank account, along with a running balance.

• Check Log

• Check Schedule

• Check Register

• Check Report

When you withdraw money from your checking account, this is called a/n __________________.

• Debit

• Credit

• Bad Idea

• Subtraction

When writing out a check for $50.00, the amount in numbers should be written as?

• Fifty Dollars

• Fifty Dollars and no cents

• Fifty and 00/100

• 50 and 00/100

Money added to a checking account is called a

• withdrawal

• deposit

• endorsement

• drawee

What is wrong with this check?

• Name is incomplete

• Check amount is not written out

• Signature issues

• Date issues

What should be written on line 6?

• the date
• the amount of the check
• who the check is going to
• your signature

Orrin had $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 was just deposited.
This will result in which of the following fees?

• overdraft fees
• service fees
• atm fees
• over spending fee

What is the starting balance on this check register?

• 4720.33
• 4500.00
• 4500.75
• 4320.00

This account allows you to withdraw money, pay a bill, or make purchases easily.

• Checking Account
• Savings Account
• Market Money Account
• CD Account