Understanding Debit and Credit Card Transactions

Understanding Debit and Credit Card Transactions

Assessment

Interactive Video

Life Skills

5th - 6th Grade

Hard

Created by

Nancy Jackson

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first action you should take when using a card at a machine?

Select the account type

Enter your PIN

Swipe or insert the card

Press the 'ok' button

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do if the transaction amount displayed is incorrect?

Press 'ok' to proceed

Press 'cancel' to stop the transaction

Enter your PIN again

Remove your card immediately

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Che Sav' refer to on the transaction screen?

PIN entry options

Transaction status

Types of bank accounts

Types of cards

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'PIN' in the context of card transactions?

Personal Identification Number

Payment Identification Number

Personal Information Network

Payment Information Node

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do if your card is not being read by the machine?

Try swiping or inserting the card again

Press 'ok' to continue

Enter a different PIN

Select a different account type

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What message indicates that you should not remove your card yet?

Processing. Do not remove card

Swipe or insert card

Transaction complete

Enter PIN

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of removing your card too early?

The transaction may be canceled

You will be charged twice

The machine will shut down

The transaction will be completed successfully

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