Banking Services

Banking Services

12th Grade

20 Qs

quiz-placeholder

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KUIZ MATEMATIK

KUIZ MATEMATIK

1st Grade - University

20 Qs

Banking Services

Banking Services

Assessment

Quiz

Mathematics

12th Grade

Hard

CCSS
RI.9-10.4, RI.11-12.3, RI.11-12.4

+6

Standards-aligned

Created by

Ann Carranza

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is another name for a traditional bank?

Brick and mortar
Fort Knox
Old school
The money store

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main types of accounts at banks?

checking and balancing
checking and savings
checking and debit
savings and borrowing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest is a fee charged...

by a lender to a borrower
by a borrower to a lender
by a bank for writing a check
by a bank for making a deposit

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

With an electronic transfer, money is transferred from one account to another without

record keeping
overdraft protection
service charges
any check or cash involved

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In banking, what does ATM stand for?

Automatic To Money
At The Moment
Asynchronous Transfer Mode
Automated Teller Machine

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When your check clears the bank, it has...

been processed and the money transferred out of your account
been inspected  and determined to be free of forgery
been guaranteed for payment by federal deposit insurance
is eligible to be cashed at a credit union

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you write checks for more than you have in your checking account, your account...

cannot have outstanding transactions
will be overdrawn
will be automatically reconciled
does not meet credit union regulations

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