Money Management TEST

Money Management TEST

10th Grade

19 Qs

quiz-placeholder

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Money Management TEST

Money Management TEST

Assessment

Quiz

others

10th Grade

Practice Problem

Hard

Created by

Janice Kramer

Used 1+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Accounts that allow you to withdraw a sum of money by writing a check or using a debit card are:

Checking accounts
Savings Accounts
Credit accounts
Money market accounts

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

These offer the flexibility of banking at any time, located in convenient locations are:

Commercial banks
Savings and loan associations
Account statements
Automated teller machines

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A check written when there is not enough money in the account to cover it.

Reconcile
Statement
Overdraft
Direct deposit

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Accounts that pay various amounts of interest are:

Checking accounts
Savings accounts
Credit accounts
Money market accounts

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Signing you name on the back of a check is called:

Reconciling
Endorsing
Saving
Investing

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A monthly, bi-monthly or quarterly summary of a checking account is:

Account statement
Automated teller machine
Endorsement
Overdraft

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A method of transferring money into an account through electronic means is a:

Direct deposit
Electronic banking
Overdraft
Automated banking

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