3-3 Check Basics Quiz Business U
Authored by Anita Smith
Business
9th Grade
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Bank Account Number?
A form of endorsement for a third party
A unique series of numbers assigned to a specific bank account
A nine-digit code used to identify a financial institution
A check signed by the payee with specific instructions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a Blank Endorsement involve?
A check with the payee’s signature and no further instructions
A form of endorsement for a third party
A check signed by the payee with specific instructions
A unique series of numbers assigned to a bank account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Deposit Slip used for?
To identify a financial institution
To outline the sources and amounts of money being deposited
To authorize the legal transfer of funds
To assign a check to a third party
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an Endorsement?
A signature authorizing the legal transfer of funds
A form of endorsement for a third party
A check with the payee’s signature and no further instructions
A nine-digit code used to identify a financial institution
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an Endorsement in Full?
A check signed by the payee with specific instructions
A form of endorsement where a payee assigns a check to a third party
A unique series of numbers assigned to a bank account
A signature authorizing the legal transfer of funds
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a Payee?
The party who makes a payment
The recipient of a payment
A form of endorsement for a third party
A check with the payee’s signature and no further instructions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a Payer?
The recipient of a payment
The party who makes a payment
A form of endorsement for a third party
A check signed by the payee with specific instructions
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
