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Checks Vocabulary

Authored by Ms. Rubin

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5th Grade

Used 1+ times

Checks Vocabulary
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13 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the defintion of Bank

A company that is owned by its stockholders and provides savings and checking accounts and other financial services to its customers

Written order directing a bank or credit union to pay a person or business a specific sum of money.

A check that’s written from a personal checking account

a sum of money placed in or kept in a bank account

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What vocabulary word matches the following definition:

Written order directing a bank or credit union to pay a person or business a specific sum of money.

Bank

Deposit

Check

Debit card

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A personal check is ..

A check that’s written from a personal checking account

A check that’s written from a business checking account

a book of blank checks

a debit card immediately withdraws funds from the user’s bank account.

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A business check is ..

A check that’s written from a business checking accounv

A check that’s written from a personal checking account

a book of blank checks

Written order directing a bank or credit union to pay a person or business a specific sum of money

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is the purpose of using checks?

To make payments and transfer money

To pay later

To keep money in your account

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What vocabulary word matches the following definition:

a sum of money placed in or kept in a bank account

Deposit

Checkbook

Check

Bank

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Payment is..

the transfer of money to get something

a book of blank checks

A check that’s written from a personal checking account

A company that is owned by its stockholders and provides savings and checking accounts and other financial services to its customers.

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