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WorksheetsChapter 4 - Personal Finance
Total questions: 19
Worksheet time: 13mins
Which is not found at the bottom of a check?
Check number
Routing number
Checking account number
Account name
True or False: You add debits and subtract credits.
True
False
Which field is NOT mandatory when writing a check?
Who the check is payable to
Memo
Written dollar amount
Date
True or False: When making a deposit and you want "less cash", you must sign the deposit slip.
True
False
When you create your ATM pin number, you should...
Share it with the love of your life
Write it down on the back of your ATM card
Memorize it
Write it on a piece of paper and keep it with your card
When writing a check, the written amount in cents should be in...
Decimal form
Fraction form
Words
Chinese
True or False: When depositing a check in the bank, you must sign the back of the check which is called endorsing.
True
False
What does it mean to "bounce" a check?
If you drop a check on the ground it pops back up to you.
It's when you hand a check to a friend and they don't accept it
When a check gets returned because of no funds
When you roll the check up into a ball and throw it against the wall and comes back to you.
What can you do if you do not feel comfortable receiving a personal check?
Ask for cash
Ask for a cashiers check
Ask for a wire transfer
All are safer methods of payment.
True or False: When entering an amount in the "less cash received" line of a deposit slip you must sign the deposit slip.
True
False
What is missing from this check that is mandatory?
The written dollar amount
Signature
Date
Memo
Mr. Ecalne receive a check for Thirty-four dollars and 23/100 dollars. What is the numeric dollar amount?
$34.23
$3423.00
$3423.23
$3423100.00
What is the most important tool you can use to avoid overdraft fees?
Check
Check Register
Deposit slip
Credit Card
3) Jamahl Jones earned $20.50 cutting grass, $16.50 babysitting, and $4.95 selling two baseball cards. He puts all but $10.00 in his checking account. What is his total deposit?
41.95
31.95
31.59
41.59
Use the attached chart to answer the following problem:
Service fees - Basic Monthly, 6 bills paid, 1 overdraft
ATM fees - 3 regional, $500 advanced.
$54.54
$45.45
$35.35
$65.45
The manager of Tony’s Pizzeria deposited money in the restaurant’s checking account at the end of the day. The deposit included 4 fifty-dollar bills, 9 twenty-dollar bills, 16 ten-dollar bills, 22 five-dollar bills, 19 one-dollar bills, 29 quarters, 14 dimes, 9 nickels, and 17 pennies. What was the total deposit?
$675.27
$678.27
$675.10
$698.27
Shawnte Sholes purchased two light fixtures from Central Lighting for $35.50 each. What was the amount of his check, expressed in words?
Thirty-five and 50/100
Seventy-one and 00/100
Thirty five 50/100
Seventy one 50/100
7) Luisa Perez had a balance of $540.82 in her checking account on January 7. On January 10, she wrote a check to Marty’s Hair Salon for $27.19. What is her new balance?
$494.63
$569.01
$513.63
$27.19
Isaac Epstein received a bank statement showing the amounts on the right. What is his present balance?
$344.99
$354.12
$357.70
$346.38
