CFM Credit Cards and Review
Quiz
•
Financial Education
•
9th - 12th Grade
•
Easy
Stacy Crowley
Used 1+ times
FREE Resource
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The amount left over from your paycheck after taxes and deductions are withheld is called ___________.
balance
gross balance
transaction
net pay
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You can continue to write checks as long as you have checks in your checkbook.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Credit cards and debit cards are essentially the same thing.
True
False
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A card that allows the holder to buy goods and services by taking out a bank loan.
Checking account
Credit card
Debit card
Savings account
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Putting money into an account.
deposit
withdrawal
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Removing money from an account.
deposit
withdrawal
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Debit card purchases are “buy now, pay now” so you must have enough money in your account to cover your purchase.
True
False
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