Check Writing Vocabulary

What is the definition of endorsement in the context of check writing?

• Writing the check amount in words

• Signature of the payee on the back of the check

• Adding a personal message on the check

• Using a red pen to sign the check

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

Who is the payee on a check?

• The account holder's employer

• The person or entity to whom the check is written

• The person who wrote the check

• The bank teller

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

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

• To provide the recipient's address

• To provide additional information about the purpose of the payment.

• To list the check number

• To indicate the bank's routing number

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

CCSS.L.8.6

Where can you find the account number on a check?

• On the top left corner of the check

• At the bottom of the check, to the right of the routing number

• In the middle of the check, next to the date

• On the back of the check, next to the signature line

Tags

CCSS.RI.11-12.7

CCSS.RI.3.7

CCSS.RI.4.7

CCSS.RI.5.7

CCSS.RI.6.7

Explain the importance of endorsement on a check.

• It has no importance and can be skipped

• It allows the bank to charge higher fees

• It signifies the legal transfer of the check to another party and helps prevent fraud.

• It is only necessary for personal checks

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

CCSS.W.8.2D

How does the memo line help in check writing?

• It provides security features to prevent fraud

• It helps in calculating the total amount of the check

• It allows the writer to indicate the purpose of the check.

• It allows the writer to sign the check

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

CCSS.L.8.6

Why is it important to accurately write the account number on a check?

• To make the check look more professional

• To confuse the bank

• To ensure that the funds are withdrawn from the correct account.

• To ensure that the recipient knows the account number

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

Describe the process of endorsing a check.

• Write a poem on the check

• Sign the back of the check

• Draw a picture on the check

• Fold the check in half

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

What information should be included in the memo line of a check?

• Personal message to the recipient

• Bank account number

• Date of birth of the recipient

• Brief description of the purpose of the payment

Tags

CCSS.L.1.6

CCSS.L.3.6

How can a check be voided?

• By signing the back of the check

• By writing 'VOID' across the front of the check

• By tearing the check into pieces

• By erasing the amount written on the check

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4