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Worksheets

Banking

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What are pawn shops?

a)

Buy and sell goods.

b)

They charge high interests on tangible assets.

c)

The Cash checks at a high interest.

2.

What are rapid refund services?

a)

Provide instant refunds when you have your taxes prepared.

b)

High interest loans.

c)

Tapid loan services.

3.

What is "interest"?

a)

Direct deposit

b)

Specialized savings

c)

Rate earned, compounding method, fee charged.

4.

How should you write out the amount on a check?

a)

You should write it like "$89.00"

b)

You should write in in words not numbers.

c)

Write the amount in numbers only.

5.

What is a direct deposit?

a)

Electronic cash.

b)

Point of sale transactions.

c)

Earnings automatically deposited in your bank account from a job or government agency.

6.

What is online banking?

a)

Banking services that requires your signature.

b)

Banking through online services.

c)

Banking through Google Chrome.

7.

What are smart cards?

a)

Debit or credit cards with a microchip.

b)

Debit cards you can not steal.

c)

Credit cards.

8.

What type of payment is received by the bank in 2 to 3 days?

a)

Debit card payments

b)

Credit card payments

c)

Checking account purchases

9.

What type of payment is widely used more than any other?

a)

Credit card purchases

b)

Debit card

c)

Cash

d)

Checks

10.

Which one of the following is not a bank?

a)

Bank of America

b)

EECU

c)

Frost Bank

d)

Bank of the United States