Banking Services

Banking Services

Assessment

Flashcard

Business

9th - 12th Grade

Hard

Created by

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18 questions

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1.

FLASHCARD QUESTION

Front

Hey there, can you guess the two primary types of accounts you can open at a bank?

Back

checking and savings

2.

FLASHCARD QUESTION

Front

What does ATM stand for in the banking world?

Back

Automated Teller Machine

3.

FLASHCARD QUESTION

Front

Imagine you're on a shopping spree and you write checks for more than you have in your checking account. What happens to your account then?

Back

It will be overdrawn

4.

FLASHCARD QUESTION

Front

Imagine you've just landed your dream job and they offer direct deposit for your paycheck. What does this mean?

Back

Your paycheck goes directly into your account without needing a physical check

5.

FLASHCARD QUESTION

Front

Imagine you're a pirate! What would you call the action of adding more gold coins to your treasure chest?

Back

deposit

6.

FLASHCARD QUESTION

Front

Guess what we call the current amount of money in your piggy bank... I mean, bank account?

Back

balance

7.

FLASHCARD QUESTION

Front

Guess what you can do with a debit card? It's a magic wand that lets you...

Back

access money in your checking account and transfer it like a wizard!

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