Money Moves (Everfi) Lesson one
Authored by ASHLEY SISSON
Business
12th Grade
Used 1+ times
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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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