Banking terms

Banking terms

University

15 Qs

quiz-placeholder

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Banking terms

Banking terms

Assessment

Quiz

English

University

Medium

CCSS
RI.9-10.4, 6.NS.C.7C, RI.11-12.4

+2

Standards-aligned

Created by

Siti Sopiah

Used 85+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An extra charge assessed for a service.

Savings Account

Checking Account

Service Charge

PIN Number

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

To put money into your account

Account Balance

Deposit

Penalty

Account Balance

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

Check

CD(Certificate of Deposit)

Debit Card

Penalty

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

To take money out of the account.

Withdraw

Deposit

Personal Loan

Account Balance

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Money borrowed from a bank that you pay in fixed monthly payments or installments.

Money Market Account

Investment Banking

Personal Loan

CD

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Occurs when money is withdrawn from a bank account and the available balance goes below zero. Transaction is completed, usually with a fee.

Penalty

Overdraft

Insufficient Funds

CD

Tags

CCSS.6.NS.C.7C

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

monthly report that states your transactions and balance

WALL STREET JOURNAL
BANK STATEMENT
SCHOOL STAEMENT
CHECKING REPORT

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