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WorksheetsJAFP 3 / Debit & Credit
Total questions: 13
Worksheet time: 7mins
Name
Class
Date
1.
A legal process that gives a debtor protection from creditors.
a)
Bankruptcy
b)
Foreclosure
c)
Credit Report
d)
Interest
2.
A for-profit institution that offers personal loans, mortgages, and other services.
a)
Bank
b)
Credit Union
c)
Financial Institution
d)
Debit Union
3.
Money in the form of bills or coins.
a)
Cash
b)
Check
c)
Debit
d)
Credit Card
4.
A written order for a bank to pay money.
a)
Check
b)
Cash
c)
IOU
d)
Interest
5.
The amount of financial trust extended to a person or a business by a leader; a loan.
a)
Credit
b)
Debit
c)
PayPal
d)
Debt
6.
A card authorizing the holder to buy goods and service that can be paid for later.
a)
Credit Card
b)
Debit Card
c)
Check
d)
Credit Score
7.
Includes history of financial info, addresses, SS#, income, credit card accts, and loans.
a)
Credit Report
b)
Bankruptcy
c)
Credit Limit
d)
Foreclosure
8.
A standardized measurement of the potential to repay a dept.
a)
Debit Score
b)
Credit Report
c)
Debit Report
d)
Credit Score
9.
A not-for-profit cooperative that offers bank services and is owned by its members.
a)
Debit Co-Op
b)
Credit Union
c)
Bank
d)
Investment Firm
10.
An amount deducted from a bank account.
a)
Deposit
b)
Credit
c)
Investment
d)
Debit
11.
Looks like a credit card but works like cash; $ is immediately subtracted from acct when used.
a)
Rewards Card
b)
Credit Card
c)
Debit Card
d)
Deductible Card
12.
Money owed.
a)
Debt
b)
Debit
c)
Credit
d)
Deductible
13.
A business that provides money-related services.
a)
Financial Institution
b)
Financial Investment
c)
Financial Installment
d)
Financial Intuition
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