Checking
Quiz
•
Business
•
9th - 12th Grade
•
Easy
Jennifer Bieber
Used 36+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Automatic Teller Machine. Allows a person to manage a bank account holder's funds through actions such as withdrawing or depositing money, viewing account balances, etc.
FDIC Insurance
Check Cashing Store
ATM
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account
Check Cashing Store
FDIC Insurance
Bank Statement
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A bank statement is a monthly document prepared by your financial institution which shows all of the transactions related to your account
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The AMOUNT of money you have in your bank account
Balance
ATM
Deposit
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When you DEPOSIT money INTO your bank account you:
Take money out of your account
Put money into your account
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A fee charged to your account when it lacks the funds to cover a withdrawal, but the bank allows the transaction to go through anyway
ATM Withdrawal Fee
Overdraft Fee
Maintenance Fee
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When you WITHDRAW money out of your account you:
Take money out of your account
Put money into your account
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