Intro to Banking

Intro to Banking

11th Grade

16 Qs

quiz-placeholder

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Intro to Banking

Intro to Banking

Assessment

Quiz

Business

11th Grade

Easy

Created by

Ashley Yurchak

Used 5+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When writing a check, it is a good idea to use

pencil

erasable pen

blue or black ink pen

red pen

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Approximately how often does a financial institution send a bank statement to an account holder?

yearly

weekly

quarterly

monthly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When it comes to saving money, what is a good rule of thumb?

Keep most of your savings in your checking account

Put aside money for savings each month

Choose the savings account with the lowest interest rate

Put anything you can't afford on your credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is withdrawn directly from a checking or savings account. What type of card is this?

Credit Card

Debit Card

Credit Card & Debit Card

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Brady took his family out to eat. He handed the waitress a card to purchase the meal. This charge appeared on a bill that he paid three weeks later. What type of card is this?

Credit Card

Debit Card

Credit Card & Debit Card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the card is lost or stolen, report it immediately. What type of card is this?

Credit Card

Debit Card

Credit Card & Debit Card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A PIN (Personal Identification Number). What type of card is this?

Credit Card

Debit Card

Credit Card & Debit Card

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