Financial Literacy Test Review

Front

Which is required when depositing money into an account?

Back

account number

Front

amount left over from your paycheck after taxes and deductions are withheld is called _______________.

Back

net pay

Front

You can continue to write checks as long as you have checks in your checkbook.

Back

False

Front

All bank transactions should be recorded in your bank register.

Back

True

Front

A direct deposit is when you take your paycheck directly to the bank after you receive it.

Back

False

Front

Credit cards and debit cards are essentially the same thing.

Back

False

Front

Banks offer different types of accounts because

Back

Different customers have different needs.