Banking and Finance

Banking and Finance

8th Grade

25 Qs

quiz-placeholder

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Banking and Finance

Banking and Finance

Assessment

Quiz

Business

8th Grade

Hard

Created by

Karen Lewis

Used 4+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

My family is going on vacation this summer, so we are sticking to a ______ to save money.

Income

Savings

Budget

Expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An 8th grader makes and sells earrings as a way to earn extra money. The money she gets is considered _______.

Needs

Wants

Income

Expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When I use my debit card at the store, the money is automatically taken out of my ______ account.

Savings

Checking

Inflation

Withdraw

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When I need to ______ money from my checking account, I can use my debit card at an ATM.

Overdraw

Inflation

Balance

Withdraw

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Putting money into the bank is called a...

deposit

loan

interest

withdrawal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taking money out of an account is called a...

deposit

loan

interest

withdrawal

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are two types of bank accounts?

credit and debit

checking and savings

business and school

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