Unit 3 Lesson 1 Vocabulary Quiz
Authored by JOEY BOOZER
Life Skills
6th - 8th Grade
Used 10+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ___________ helps people complete their money transactions safely, quickly, and conveniently.
debit
interest
financial institution
credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A for profit institution that offers personal loans, mortgages, and other services.
debit
credit union
interest
bank
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A not for profit cooperative that offers bank services and its owned by its members.
bank
credit union
internet bank
mobile banking
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that provides money related services is called a financial institution.
Ture
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fee received or paid for the use of money.
debit
credit
interest
credit union
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A web-only bank is an on-line bank.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A wireless service that allows financial transactions by using an app or web browser.
credit union
mobile banking
online banking
financial institution
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