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Money Moves (Everfi) Lesson one

Authored by ASHLEY SISSON

Business

12th Grade

Used 1+ times

Money Moves (Everfi) Lesson one
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an account balance?

The amount of money you have in an account.

The fees you must pay to have an account.

An action you take to protect your savings.

A type of account offered by a financial institution.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account balance shows _______.

how much money you need to open an account.

how different accounts at a financial institution can be connected.

if you are eligible to open an account.

the amount of money that you have in an account.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What service does a financial instiution offer to help you track your money?

Interest payments

checks

safe deposit boxes

account balances

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a transaction that has not been processed yet by a financial institution?

an overdraft transaction

an annual transaction

a pending transaction

an insured transaction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a pending transaction?

A transaction done digitally or at an ATM (not in person)

Another name for an overdraft fee

A transaction that is a withdrawal

A transaction that has not been processedd yet

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why would you possibly not be able to use a check that you just deposited in a checking account?

The deposit is still pending

The deposit has been overdrafted

The FDIC/NCUA has not insured it yet

The finanical institution is closed for the day

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which balance shows the amount of money you can use now?

Current Balance

Available Balance

Pending balance

Checking balance

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