
Quiz Unit 3 Checking and Banking Fees
Authored by Tracy Cruz
Mathematics
9th - 12th Grade
Used 1+ times

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13 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is a benefit to using a checking account
direct deposit
proof of payment
Convenience
all of the above
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If you notice any suspicious activity in your account you should
Call 911
Notify your bank as soon as possible
Tell your friends
Tell your mom/dad
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A card that is connected to a person's checking account.
money order
check
gift card
debit card
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A fast and easy way to pay a person using your phone is _____________.
payment app
gift card
check
cash
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
FDIC insurance provides..
Health insurance coverage after you turn 26
Banks with insurance so that customers can’t scam them
A guarantee your bank won’t ever go out of business
A guarantee that your money in your checking account, up to $250,000, is safe and available to you
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which term from your bank statement represents the amount of money you have in your account at a given point?
Reference number
Deposit
Withdrawal
Balance
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is an overdraft fee?
Fee for writing a check
Fee for withdrawing more money than you have in your account
Fee for going below your minimum balance requirement
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