Checking Vocab

Checking Vocab

8th Grade

30 Qs

quiz-placeholder

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Checking Vocab

Checking Vocab

Assessment

Quiz

Business

8th Grade

Medium

Created by

Chelsea Arnold

Used 2+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ATM stand for?

Automated Teller Machine

Automatic Time Machine

Automated Teller Maker

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money you have in a bank account. For example, if you start

with $10 in your account and then deposit $5, your balance is $15.

Balance

Checking Account

Deposit

Ledger

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Writing a check for more than you have in your account. Banks

typically charge a large fee for doing this.

Bounce a Check

Withdrawal

Endorse

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A _____ is a written contract between you and your bank. When you write a

check, you are asking the bank to take money from your account and give it to someone else or to a business.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you make a ___, your account balance goes up because you are adding more money to the account.

deposit

withdrawal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you make a ___, your account balance goes down because you are taking money out of the account.

deposit

withdrawal

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

This is the signature on the front and back of a check verifying that you agree

to the transaction of the check.

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