Quizziz review 2

1. Direct deposit allows your paycheck to be automatically deposited in your _______.

• savings account

• banking account

• credit card

1. Funds are directed to your bank by a ____________.

• ticket number

• account number

• routing number

1. With direct deposit, you do not need to bring a check into the bank

• True
• False

Direct deposit is not safe.

• True
• False

Direct deposit is convenient.

• True
• False

On a check, "Pay To the Order Of" is where you

• write the name/place that you are paying

• write your name

• what you are buying

The memo on a check is for____

• writing what you bought

• writing who you are paying

• writing your name

___ involves an employer or financial institution placing your paycheck into a bank.

• Direct deposit

• Early withdrawal

• Automatic payroll

• Certificate of deposit

The money you put into your checking account is called a

• deposit

• withdrawal

• credit

• debit

All bank transactions should be recorded in the register

• True
• False