
Ramsey - Chapter 8 - Lesson 4 (Quiz).
Authored by David Cooper
Financial Education
9th Grade
Used 5+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Checking Account Register also called?
Ledger
Journal
Statement
Receipt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a Direct Deposit?
To allow automatic electronic deposit of payroll checks
To manually deposit checks at the bank
To write checks for bills
To withdraw cash from an ATM
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does reconciling your account involve?
Making sure you and the bank agree on the account balance
Writing checks for all transactions
Depositing cash regularly
Withdrawing money frequently
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the transaction time for a debit card when you use your PIN?
Immediate
2-3 days
Not shown on immediate balance
Several business days
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long does it take for a debit card transaction to process when used as credit?
Immediate
2-3 days
Not shown on immediate balance
Several business days
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the transaction time for tips?
Immediate
2-3 days
Not shown on immediate balance
Several business days
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the possible transaction time for checks?
Immediate or several business days
2-3 days
Not shown on immediate balance
Immediate only
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