Checking Vocabulary

Quiz
•
Mathematics
•
12th Grade
•
Medium
+6
Standards-aligned
Salvador (WHS)
Used 10+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Checking Account?
A) A record book for tracking deposits and withdrawals.
B) A plastic card linked to your account.
C) An account used for everyday transactions.
D) A government agency.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Deposit?
A) A written order to pay someone.
B) Taking money out of a bank account.
C) Putting money into a bank account.
D) A bank card.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Check?
A) A government agency.
B) A summary of transactions.
C) A written order to pay from your account.
D) An ATM machine.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an Overdraft?
A) When your account balance is zero.
B) When you spend more than you have in your account.
C) A fee charged for using ATMs.
D) A bank's monthly report.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Minimum Balance?
A) The highest amount of money you can have in your account.
B) The lowest amount of money to have in your account to avoid fees or account closure.
C) The amount you should spend daily.
D) The amount you owe to the bank.
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Direct Deposit?
A) A method of depositing checks at the bank.
B) A way to check your account balance.
C) Automatically depositing payments into your account.
D) A type of bank card.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the FDIC stand for?
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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