Banking Terms

Banking Terms

9th - 12th Grade

36 Qs

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Banking Terms

Banking Terms

Assessment

Quiz

Business, Professional Development, Other, English, Other Sciences

9th - 12th Grade

Medium

Created by

KEVIN AGUIAR

Used 4+ times

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36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To put money into your account

Account Balance

Deposit

Penalty

Account Balance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

Check

CD(Certificate of Deposit)

Debit Card

Penalty

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A term used to indicate that the depositor's account is inadequate to cover the check. The transaction does not go through.

Penalty

ATM

Insufficient Funds

Personal Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An automatic deposit on a paycheck without having to take a physical check to the bank.

ATM

Online Access

Safety Deposit Box

Direct Deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To take money out of the account.

Withdraw

Deposit

Personal Loan

Account Balance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of payment is widely used more than any other?

Credit card purchases

Debit card

Cash

Checks

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Using credit cards, if your not careful, can cause you to fall into ________.

debt

salary

credit

insurance

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