Banks and Banking Accounts

Banks and Banking Accounts

9th - 12th Grade

20 Qs

quiz-placeholder

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Banks and Banking Accounts

Banks and Banking Accounts

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Tracee McDonald

Used 21+ times

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20 questions

Show all answers

1.

DRAG AND DROP QUESTION

1 min • 10 pts

Which of these services is not offered by a bank account? (a)  

Overdrafts
Direct Debits
Standing Orders
National Insurance

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Which of these is a good use for a bank account?

To keep your money secret from your parents

To apply for food rations

It means your salary can be paid into it

3.

DROPDOWN QUESTION

1 min • 1 pt

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

local bank
owner's union
credit union
owner's bank

4.

DROPDOWN QUESTION

1 min • 1 pt

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

True
False

5.

DRAG AND DROP QUESTION

1 min • 1 pt

ATM stands for: (a)  

automated teller machine
automated taker of money
automated talking machine
amazing taco maker

6.

DRAG AND DROP QUESTION

1 min • 1 pt

When cashing a check, you should first endorse it. (a)  

True
False

7.

DROPDOWN QUESTION

1 min • 1 pt

Overdraw means to write a check for more money than is in your account. (a)  

True
False

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