Banking Terms Knowledge Check

Banking Terms Knowledge Check

6th - 8th Grade

20 Qs

quiz-placeholder

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Banking Terms Knowledge Check

Banking Terms Knowledge Check

Assessment

Quiz

Other

6th - 8th Grade

Practice Problem

Easy

Created by

Amanda Anderson

Used 6+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check register is a record of money being deposited and withdrawn from the account.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you call a person or company you are paying money to?

(Hint: You are the payer)

employer

payee

Bill

check register

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ATM stand for?

Answering the Machine

Automated Teller Machine

American Terminal Machine

Assisting Teller Machine

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank term means to debit an account?

withdraw

deposit

check

ATM

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank term means putting money in to the account?

deposit

withdrawal

payee

checking

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a piece of paper that is equal to cash...

checking account

withdraw

check

check register

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A checking account is a bank service where people put money they use frequently.

True

False

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