electronic banking

electronic banking

11th Grade

14 Qs

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ORG. MGT. _Lesson 1

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electronic banking

electronic banking

Assessment

Quiz

Business

11th Grade

Medium

Created by

Robin Allen

Used 1+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic card that looks like a credit card but is electronically connected to the card holders depository institution

debit card

credit card

loan

cash

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This allows a person to write a check even though there is not enough money in the account in hopes of depositing the money before the check is processed.

debit card

linked to mom's account

over fee

float time

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a personal identification number required for debit cards to be used

CVV

PIN

point of sale

you don't need one

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This allows the consumer to call a company with instructions to pay certain bills or electronically transfer funds between accounts

ATM

computer

pay by phone system

going to the bank

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Allows paychecks and benefit checks to be directly deposited into a specified depository institution account

direct deposit

ATM

going to the bank

taking a photo with your phone

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This authorizes bills to be paid by a specific depository institution account

writing a check

online banking

direct payment

point of sale

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Al electronic computer terminal located at the checkout of a store, allowing the consumer to use their debit card to make a purchase

cashier

point of sale terminal

grab your stuff and RUN!!!

go to jail

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