Banking/Checking/Saving
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Carla Mitchell
Used 80+ times
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46 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 3 pts
A _____________ is a record of checks, deposits, and charges on an account, received by your financial institution.
Check Reconcile
Bank Statement
Check
Mortgage papers
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
A ___________________ is an account used by depositors to accumulate money for future use.
savings account
checking account
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
A check with a ____________ endorsement may be used only for the specific purpose stated in the signature on the back of the check. Example: For Deposit Only John Doe
blank
special
restrictive
cashier
4.
MULTIPLE CHOICE QUESTION
45 sec • 3 pts
Nonprofit financial cooperative owned and operated for the benefit of its members.
commercial bank
internet bank
community bank
credit union
5.
MULTIPLE CHOICE QUESTION
45 sec • 3 pts
Personal check that the bank certifies is genuine and that there is enough money to cover the check.
blank check
certified check
money order
traveler's check
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Signature on the back of a check.
agreement
statement
endorsement
accord
7.
MULTIPLE CHOICE QUESTION
45 sec • 3 pts
Process of comparing the check register with the bank statement.
bank reconciliation
liquidity
endorsement
accounting for cash flow
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