Ch. 8 Quiz (Financial Services)
Authored by Sylvia Paredes
Mathematics
9th - 12th Grade
CCSS covered
Used 19+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
A bank can help you_____ your money and keep it_____ .
Manage; safe
Find; growing
Deposit; budgeted
Budget; available
Tags
CCSS.RI.11-12.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.9-10.4
CCSS.RI.8.4
2.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Some of the services banks offer include . . .
Paying off your student loan debt and saving for your future
Creating a personalized budget for you and managing your schedule
Teaching you how to handle your finances and encouraging you to cut up your credit cards
Mortgages, check writing, and debit cards
Tags
CCSS.RL.8.1
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.7.2
CCSS.RL.9-10.2
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
A savings account is for ______.
Investing your money
Regular spending
Long-term savings goals
The Entertainment budget line item
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
CCSS.RI.8.5
4.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
An easy way to avoid ending up with errors in your checking account is to simply . . .
Only use cash
Monitor your account at least twice a week
Keep all your receipts
Budget often
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
CCSS.RI.8.3
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
The Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) keep your money in the bank insured up to_____ per account.
$250
$2,500
$25,000
$250,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Credit Unions differ from retail banks in that they typically require membership based on specific criteria.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your emergency fund should go in your checking account, NOT a money market account.
TRUE
FALSE
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