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W4F-Checking Agreement & Checking Account Statement

Authored by Jennifer Sadler

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W4F-Checking Agreement & Checking Account Statement
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How frequently does John typically receive account statements from his bank?

Daily

Weekly

Monthly

Annually

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How much did John Jones have in his account on the first day of the statement period?

$-72.47

$0.55

$694.81

$1,442.61

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid ________________ every __________ .

$200.00, 3 weeks

$694.81, 2 weeks

$300.00, 1 month

$100.00, 2 weeks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which statement is true regarding Check No. - 409?

This check likely came from John’s employer.

This check was written by John and paid to another person or business.

This check caused John to overdraw his checking account.

This check added $100 to John’s account.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which 3 types of fees was John charged for on his checking account during this statement period?

Online Transfer Fee, Overdraft Fee, Per Check Fee

Per Check Fee, ATM Fee, Overdraft Fee, Maintenance Fee

Online Transfer Fee, ATM Fee, Maintenance Fee

ATM Fee, Overdraft Fee, Maintenance Fee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the RESULT of the Online Funds Transfer - From Savings that appears on John's statement?

John's Savings account balance decreased by $50 and his Checking account balance increased by $50

John's Savings account balance increased by $50 and his Checking account balance decreased by $50

John's Savings account balance had no change and his Checking account balance decreased by $50

John's Savings account balance increased by $50 and his Checking account balance had no change

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which transaction caused John to overdraw his account?

The Online Bill Payment for $146.67

Check No. 409 for $100

Check No. 410 for $710.49

The Overdraft Fee of $35

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