Understanding Checks and Banking Concepts
Authored by Jaime Hinsley
Business
8th Grade
DOK Level 2: Skill/Concept covered
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the size of a personal check?
5 by 3 inches
6 by 2.75 inches
7 by 2.5 inches
6 by 3 inches
Tags
DOK Level 2: Skill/Concept
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a debit from your account?
Deposit
Direct Deposit
Check
Return of an item purchased
Tags
DOK Level 2: Skill/Concept
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does NSF stand for in banking terms?
Non-sufficient funds
New savings fund
National savings fund
Non-standard funds
Tags
DOK Level 2: Skill/Concept
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a debit card?
Buy NOW, pay LATER
Money is borrowed
Interest is generally paid
Money is already in your bank account
Tags
DOK Level 2: Skill/Concept
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an overdraft fee?
A fee charged for depositing money
A fee charged for not having enough funds to cover a transaction
A fee charged for using a credit card
A fee charged for withdrawing money from an ATM
Tags
DOK Level 2: Skill/Concept
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a credit to your account?
Withdrawal
ATM transaction
Direct Deposit
Check
Tags
DOK Level 2: Skill/Concept
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a personal check represent in terms of a contract?
A promise to pay a specific amount
A request for a loan
A deposit of funds
A withdrawal of funds
Tags
DOK Level 2: Skill/Concept
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