Banking Vocabulary
7th Grade
•15 Qs
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Banking Vocabulary
Quiz
•
Mathematics
•
7th Grade
•
Easy
+6
Standards-aligned
Jiyeon McGillicuddy
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a financial institution licensed to receive deposits and make loans?
Teller
Bank
Joint account
FDIC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a document used to record your financial transactions?
Checkbook register
Deposit slip
Transfer fee
Savings account
Tags
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes a person employed to deal with customer transactions at a bank?
Lender
Borrower
Teller
Loan officer
Tags
CCSS.L.1.6
CCSS.L.3.6
CCSS.L.4.6
CCSS.L.K.5A
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to compare your records of the account to the bank’s records of the account?
Withdraw
Reconcile
Deposit
Transfer fee
Tags
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a form that is used to deposit funds into a bank account?
Deposit slip
Checkbook register
Transaction
Minimum deposit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to put money into an account?
Withdraw
Deposit
Reconcile
Transfer fee
Tags
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an amount of money that is given to someone for a period of time with a promise that it will be paid back?
Loan
Deposit
Transaction
Minimum deposit
Tags
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
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