
Banking and Financial Terms
Quiz
•
Business
•
5th Grade
•
Practice Problem
•
Hard
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income
the money people earn for their work based on the value they bring to the business
a type of tax imposed on earnings
the total amount of money spent by a business
the profit made after all expenses are deducted
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
paycheck
a check received for work completed.
a document showing the hours worked by an employee.
a form used to apply for a job.
a summary of an employee's performance review.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
endorse
to write a signature on the back of a check
to approve or support something
to reject or deny a proposal
to transfer ownership of an item
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
direct deposit
an electronic transfer of money from one account to another; often used by employers to pay employees
a physical check issued by an employer
a cash payment made directly to an employee
a bank loan given to employees for personal use
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
deposit ticket
a written record of money put into a bank account
a form used to withdraw cash from an account
a receipt for a loan payment
a statement of account balance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money tracker
A tool for recording money put into (deposited) or removed from (withdrawn) an account
A device used for counting physical currency
An application for budgeting and expense tracking
A method for investing in stocks and bonds
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