Banking Quiz

What is the total amount of money in a bank account now called?

• Transaction

• Current balance

• Withdrawal

• Service charge

What is the activity in a bank account, such as a deposit or withdrawal, called?

• Credit

• Debit

• Transaction

• Deposit

What is the account balance from the last statement called?

• Balance forward

• Current balance

• Withdrawal

• Deposit

What is the term for money you take out of a bank account?

• Deposit

• Credit

• Withdrawal

• Service charge

What is money put into your bank account by your employer called?

• Service charge

• Payroll deposit

• Debit

• Bill payment

What is an amount added to the bank account balance called?

• Debit

• Credit

• Withdrawal

• Transaction

What is an amount used to pay a bill called?

• Bill payment

• Withdrawal

• Payroll deposit

• Transaction

What is using a computer to make banking transactions and read statements called?

• Automated teller

• Online banking

• Direct payment purchase

• Payroll deposit

What is the total amount of money in a bank account now called?

• Transaction

• Withdrawal

• Current balance

• Service charge

What is the account balance from the last statement known as?

• Current balance

• Withdrawal

• Balance forward

• Debit