Banking

What is the difference between a commercial bank and credit unions?

• commercial banks are owned by members

• credit unions are for-profit organizations

• only banks offer checking accounts

• credit unions are owned by members

Which movie was the first feature length film done in color?

• Gone With the Wind

• The Wizard of Oz

• Casablanca

• Twelve Angry Men

Which of the following is NOT a feature of a checking account?

• Direct Deposit

• ATM

• Debit Cards

• revolving credit

What action may result in a bounced check?

• Keeping a high account balance

• Writing a check with sufficient funds

• Writing a check for more money than in the account

• Using direct deposit

What is the primary responsibility of Central Banks?

• Providing loans to customers

• Oversight and management of commercial banks and interest rates

• Offering credit card services

• Selling insurance

Who invented the first all-electric television?

• Hideki Tojo

• Philo Farnsworth

• Al Capone

• Fusajiro Yamauchi

What information do you put at #1?

• The amount of money in numbers

• The date

• you signature

• the name of the person or company receiving the check

What information would you put at #5?

• the name of the person or company receiving the check

• the date

• the amount of money in numbers

• the amount of money in words

What is this used for?

• to make sure you have money in the bank

• to keep track of checks written and money spent

• to transfer money to another account

• to pay for items with a bank guarantee

Who is the only musical artist to have 9 albums go diamond or greater, surpassing The Beatles who had 6?

• Michael Jackson

• Eminem

• Garth Brooks

• Elvis Presley