Debit and Credit Quiz
Authored by Noah Prince
Social Studies
7th Grade
Used 14+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a for-profit institution that offers personal loans, mortgages, and other services?
Credit Union
Bank
Financial Institution
Internet Bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of institution is a not-for-profit cooperative that offers bank services and is owned by its members?
Bank
Internet Bank
Credit Union
Financial Institution
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business that provides money-related services called?
Credit Union
Financial Institution
Internet Bank
Mobile Banking
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for a fee received or paid for the use of money?
Credit
Interest
Debit
Cash
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a web-only bank known as?
Mobile Banking
Online Banking
Internet Bank
Credit Union
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a wireless service that allows financial transactions by using an app or Web browser from a mobile device?
Internet Bank
Mobile Banking
Online Banking
Credit Card
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an electronic way to view account activity and pay bills via the Internet and an institution’s website?
Mobile Banking
Online Banking
Internet Bank
Credit Report
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