Check Writing Quiz

What is the purpose of writing a check?

• To withdraw cash from a bank

• To deposit money into a bank account

• To pay bills online

• To authorize the transfer of funds

Which of the following is NOT required when writing a check?

• A signature

• A bank account

• A pencil

• A checkbook

What is the purpose of the memo line on a check?

• To provide a brief description or note about the purpose of the payment.

• To record the check number for future reference.

• To indicate the recipient's bank account number.

• To write down the date the check was issued.

When writing a check, where should you sign your name?

• On the line that says 'Pay to the order of'.

• On the line that says 'Date'.

• On the line that says 'Signature' or 'Authorized Signature'.

• On the line that says 'Amount'.

What should you do if you make a mistake while writing a check?

• Cross out the mistake and initial it.

• Void the check and start over with a new one.

• Tear up the check and write a new one.

• Erase the mistake and continue writing the check.

What should you do after writing a check?

• Deposit it in the bank

• Tear it up and throw it away

• Give it to a friend as a gift

• Sign it and record the transaction in your checkbook register.

Which numbers are hyphenated?

• 21-99

• 20-100

• 22-110

• 20-99

Numbers on checks are encoded with MICR ink, which is technology used primarily to identify and process checks. What does MICR stand for?

• Magnetic Ink Character Recognition

• Micron Ink Check Recognition

• Magnetic Initiated Character Recognition

• Magnetic Ink Check Record

Which is the most favorable way to write a date on a check? (Choose TWO)

• 12/01/2023

• December 1, 2023

• 12/1/23

• 12/1/2023

What should you put in the PAY TO THE ORDER OF LINE?

• Name of the person or business receiving the check

• Name of the person writing the check

• What the check is being written for

• The amount of the check in words