Banking and Financial Services Quiz

What is the purpose of a check?

• To make payments from a checking account

• To apply for a credit card

• To open a new bank account

• To invest in stocks

Which of the following is a common way that identity theft happens?

• Dumpster diving

• Reading books

• Watching TV

• Exercising

How can hacking lead to identity theft?

• By accessing personal information stored online

• By planting trees

• By cooking meals

• By painting pictures

What is the role of education in preventing identity theft?

• To inform individuals about risks and protective measures

• To teach cooking skills

• To improve athletic performance

• To learn a new language

This is a written request to your bank to take money from your account & pay it to someone else.

• Check
• Telephone Call
• Text
• Email

A Bank is a financial institution that accepts deposits, makes loans, and offer other services

• TRUE

• FALSE

A bank is a place where people keep their money safe.

• true

• false

A bank offers savings accounts, provide loans, and accept deposits

• true

• false

You will need your ID when opening a bank account.

• TRUE

• FALSE

CASHAPP is a bank

• True

• False