Chapter 8 Quiz Review

Chapter 8 Quiz Review

8th Grade

30 Qs

quiz-placeholder

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Chapter 8 Quiz Review

Chapter 8 Quiz Review

Assessment

Quiz

Other

8th Grade

Medium

Created by

Billy Ceniceros

Used 23+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank can help you _______ your money and keep it______.

Manage; safe

Find; growing

Deposit; budgeted

Budget; available

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Some of the services banks offer include ...

Paying off your student loan debt and saving for your future

Creating a personalized budget for you and managing your schedule

Teaching you how to handle your finances and encouraging you to cut up your credit cards

Mortgages, check writing, and debit cards

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account is for?

Investing your money

Regular spending

Long-term savings goals

The Entertainment budget line item

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An easy way to avoid ending up with errors in your checking account is to simply . . .

Only use cash

Monitor your account at least twice a week

Keep all your receipts

Budget often

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) keep your money in the bank insured up to per account.

$250

$2,500

$25,000

$250,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit Unions differ from retail banks in that they typically require membership based on specific criteria.

True

Fasle

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your emergency fund should go in your checking account, NOT a money market account.

True

False

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