Financial Lit UNIT REVIEW

Deposit means to...

• take money out of your account

• put money into your account

• donate money to a non-profit organization

• spend money

To take money out of your account means...

• donate

• deposit

• Withdraw

• Withdrawal

My mom used a _______________ to purchase a flat screen TV online. If she doesn't pay off the balance when the bill arrives, she will be charged interest.

• debit card

• cash

• credit card

• check

Before depositing his paycheck into his checking account, Eric needed to _____ the back of his check.

Banks and credit unions are examples of _____.

• Businesses

• Banks

• Credit unions

• Financial institutions

Any time Dillan puts money INTO his savings account or took money OUT of his savings account, he was completing a _______.

• transition

• transaction

• deposit

• withdrawal

After recording my check information in my register, I had a _____ of $13.25.

Although Lexi received a paycheck for $8.82, she decided to ask for $2.00 in cash back. This meant her __________ was $6.82.

• less cash received

• net deposit

• subtotal

• list checks singly

Before Sam could open a savings account, he needed to complete a/an _____.

• withdrawal

• deposit

• application

• interview

Tomorrow is pay day! Elliot will take his paycheck to the bank, along with his completed _______, to add money to his checking account.

• deposit ticket

• register

• check

• personal check