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Exam Review Fall 2022

Authored by Ryan Haines

Business

9th Grade

Used 3+ times

Exam Review Fall 2022
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86 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a common payment method listed in chapter 5?

Cash

Check

Credit Card

Loan Sharks

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a common mistake of cash management?

Overspending

Impulse purchases

Increased Savings

Using savings to make purchases

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A _______ __________ is an account that provides safe storage for funds for future needs having restrictions on when funds can be withdrawn.

Time Deposit

Demand Deposit

Credit Card

Payday Loan

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does ATM stand for?

Automatic Transaction Machine

Automatic Teller Machine

Always Taking Money

Automatic Transaction Man

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What type of account is a debit card linked to?

Credit

Savings

Checking

Certificate of Deposit

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Taking money out of a bank account

Deposit

Withdrawal

Credit

Transfer

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Putting money into a bank account

Deposit

Withdrawal

Credit

Transfer

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