Chapter 19- Personal Banking

Chapter 19- Personal Banking

9th Grade

15 Qs

quiz-placeholder

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Chapter 19- Personal Banking

Chapter 19- Personal Banking

Assessment

Quiz

Business

9th Grade

Medium

Created by

Brianna Reese

Used 53+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Using a debit card has the same result as____

Using a credit card

Writing a check

Borrowing money

Saving money

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

An individual retirement account in which individuals contribute after-tax income and qualified withdrawals are not taxed is a(n)

401 (K)

401 (B)

Retirement fund

Roth IRA

3.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

The signature on the back of a check is a(n)

Signature

Payment

Endorsement

Check stub

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A combination of savings and checkings account is a(n) _____ checking account

Interest-bearing account

Bank Account

Investment Account

Money Making Plans

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account used by depositors to accumulate money for future use is a(n)

Bank Account

Emergency Funds

Will

Savings plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plan to develop investment growth is a(n) _____ plan

Property Investment

Personal Investment

Investment Growth Plan

Strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A legal document stating a person's wishes for his or her estate after death is a(n)

Will

Estate

Annuity

Keogh Plan

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