Checking Account Pre-Assessment

Checking Account Pre-Assessment

10th Grade

16 Qs

quiz-placeholder

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Checking Account Pre-Assessment

Checking Account Pre-Assessment

Assessment

Quiz

Financial Education

10th Grade

Practice Problem

Medium

Created by

Lisa Horni

Used 2+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You can overdraw your checking account without incurring any fees if you have overdraft protection.

True

False

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

All checking accounts come with a monthly maintenance fee.

True

False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is safe to share your checking account number with trusted parties, such as employers or service providers.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You must only use checks or debit cards to access funds in your checking account.

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If your checking account balance is negative, your bank is required to notify you immediately.

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Overdraft fees are charged when you spend more than you have in your account without having overdraft protection.

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It’s a good practice to reconcile your checking account regularly to avoid errors and unauthorized transactions.

True

False

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