Checking & Banking

Checking & Banking

12th Grade

15 Qs

quiz-placeholder

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Checking & Banking

Checking & Banking

Assessment

Quiz

Financial Education

12th Grade

Practice Problem

Medium

Created by

Barbara Angelicola-Manzolli

Used 2+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A canceled check is one that has cleared your account

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check written for more money that your account contains is called an overdraft

True

False

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

It is acceptable to write and sign checks in pencil

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A joint account is opened by two or more people

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

FDIC insurance protects the deposits of customers against loss up to $250,000 per account.

 

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is acceptable to do banking on your app or use internet banking on open wifi

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check written by a bank on its own funds is called a

 

 

 

check.

cashier’s check.

traveler’s check.

money order.

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