WorksheetsHunn-Personal Finance 18-19 Quiz #1
Total questions: 20
Worksheet time: 40mins
Name
Class
Date
1.
Fee charged for just having an account (unless you have free checking)
a)
Monthly Service Fee
b)
Stop Payment Fees
c)
Deposited Item Returned Fee
d)
OD Transfer Fees
2.
Fee charged for using an automated teller machine (ATM) NOT owned by your bank or in a network your bank belongs to.
a)
Out-of-Network ATM Fees
b)
Monthly Service Fee
c)
Stop Payment Fees
d)
Deposited Item Returned Fee
3.
Fee charged for writing more checks than you are allowed in a month
a)
Check Fees
b)
Out-of-Network ATM Fees
c)
Monthly Service Fee
d)
Stop Payment Fees
4.
Fee charged for writing checks for an amount that exceeds your balance.
a)
Nonsufficient Funds Fee (NSF)
b)
Check Fees
c)
Out-of-Network ATM Fees
d)
Monthly Service Fee
5.
Fee charged for aving an electronic transaction that exceeds your balance.
a)
Overdraft Fees (OD)
b)
Nonsufficient Funds Fee (NSF)
c)
Check Fees
d)
Out-of-Network ATM Fees
6.
Fee charged when you have authorized the bank to transfer money from another account to prevent an overdraft transaction.
a)
OD Transfer Fees
b)
Overdraft Fees (OD)
c)
Nonsufficient Funds Fee (NSF)
d)
Check Fees
7.
Fee charged when depositing a check (from someone else) when there isn't enough money in the payer's account to cover the check amount.
a)
Deposited Item Returned Fee
b)
OD Transfer Fees
c)
Overdraft Fees (OD)
d)
Nonsufficient Funds Fee (NSF)
8.
Fee charged when you Instruct your bank to cancel a check you wrote before it's cashed.
a)
Stop Payment Fees
b)
Deposited Item Returned Fee
c)
OD Transfer Fees
d)
Overdraft Fees (OD)
9.
Lost or stolen checks can be replaced.
a)
true
b)
false
10.
Your cleared check serves as proof of payment for goods, services and charitable contributions
a)
true
b)
false
11.
You can request a stop-payment order to prevent a check from being cashed
a)
true
b)
false
12.
Passwords should be short and contain just letters
a)
false
b)
true
13.
Never use special characters in your passwords
a)
false
b)
true
14.
Some Landlords charge additional security deposits and rent for pets
a)
true
b)
false
15.
In some cases you'll need to provide your employer with a voided blank check from your account to enroll in automatic deposit.
a)
true
b)
false
16.
Landlords never check your credit or criminal history
a)
false
b)
true
17.
Recording transactions in a check register makes it easy to track your spending.
a)
true
b)
false
18.
Utility costs are exactly the same, no matter where you live
a)
false
b)
true
19.
Generally, one of the most expensive places to purchase items are convenience stores
a)
true
b)
false
20.
Buying in bulk at warehouse stores (Costco/Sam Club) usually saves money when compared to other stores
a)
true
b)
false
100 %
