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Chapter 9 Banking Services and Fees

Authored by Michael Pierce

English

12th Grade

CCSS covered

Used 9+ times

Chapter 9 Banking Services and Fees
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

If using your debit card to pay for your meal at McDonalds, the money from your checking account will not be withdrawn until 2 days after your purchase.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Bill paying online is considered faster and safer than writing checks.

True

False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.8.5

CCSS.RI.9-10.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the safest way to remember your personal identification number for your debit card?

write it down and keep it in your wallet or purse

commit it to memory

place it in the notes section of your phone

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the most common reason for a stop payment order on a personal check?

You have no money in your account

your check has been lost or stolen

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image


Financial institutions usually do not charge a fee for checking account services.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Media Image

A credit card and a debit card are the same thing.

True

False

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.9-10.3

CCSS.RI.8.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Money orders, like checks, may be returned for insufficient funds.

True

False

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