Check Writing Quiz

Check Writing Quiz

12th Grade

9 Qs

quiz-placeholder

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Check Writing Quiz

Check Writing Quiz

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

Nina Calvano

Used 1+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main parts of a check?

Signature, memo, and bank name

Date, payee, and amount

Address, account number, and routing number

Check number, bank logo, and check type

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where is the payee's name written on a check?

In the memo line

In the signature line

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

On the back of the check

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

To indicate the bank account number

To write a personal message to the recipient

To provide a security code for the transaction

To provide a brief description of the purpose of the payment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

To apply for a credit card

To authorize the payment

To request a refund

To order a pizza

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What information is typically included in the 'Date' field when writing a check?

Date of expiration of the check

Date when the check is written or issued

Date of birth of the recipient

Date of the recipient's last transaction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Void the check and write a new one

Ignore the mistake and hope the bank won't notice

Cross out the mistake and initial it

Tear up the check and throw it away

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between a blank endorsement and a restrictive endorsement?

A blank endorsement is used for personal checks, while a restrictive endorsement is used for business checks

A blank endorsement requires a signature, while a restrictive endorsement does not

The main difference is that a blank endorsement does not specify a recipient, while a restrictive endorsement does.

A blank endorsement allows the check to be cashed by anyone, while a restrictive endorsement limits who can cash the check

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