Bank Accounts 17.1

Bank Accounts 17.1

6th - 10th Grade

20 Qs

quiz-placeholder

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Bank Accounts 17.1

Bank Accounts 17.1

Assessment

Quiz

Life Skills, Business, Professional Development

6th - 10th Grade

Practice Problem

Medium

Created by

Jeremiah Crouch

Used 21+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A ___________ is a type of financial institution that is owned by its members

local bank

owner's union

credit union

owner's bank

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A financial institution is a business or organization that provides money-related services.

True

False

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

ATM stands for:

automated teller machine

automated taker of money

automated talking machine

amazing taco maker

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When cashing a check, you should first endorse it.

True

False

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Endorse means to ______.

sign the back

tear in half

sign the front

crumple it up

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A check _____ is a place to record all deposits, checks, withdraws, and fees that affect your account

book

mark

register

transaction

7.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Reconciling your bank account records is also called

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