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Financial Internship (chapter 4-5 TEST)

Total questions: 63

Worksheet time: 2hrs 30mins

Name
Class
Date
1.

A computer terminal in which you can deposit cash and checks into your account or withdraw cash from your account 24 hours a day, 7 days a week.

a)

Drive thru Teller

b)

Checking Account

c)

Automated Tech Machine (ATM)

d)

Automated Teller Machine (ATM)

2.

A written contract between you and your bank. When you write a check, you’re asking the bank to take money from your account and give it to someone else.

a)

ATM

b)

Check Account

c)

Saving

d)

Check

3.

An account that allows you to write checks to pay bills and buy goods. The financial institution will send you a monthly statement that lists the deposits, withdrawals, and purchases you made

a)

Deposit Account

b)

Checking Account

c)

Saving Account

d)

Business

4.

A booklet to write down all of your deposits and withdrawals from your account, including fees and monthly charges.

a)

Checking Account

b)

Business Account

c)

Check Register

d)

Business Register

5.

A card that allows you to deposit cash into and withdraw money from your checking account at many Automated Teller Machines (ATMs), and make purchases at retail locations that accept credit cards (e.g., department stores or gas stations).

a)

Debit Card

b)

Credit Card

c)

Secure Loan

d)

Check card

e)

Gift Card

6.

A transaction in which money is added to your account (e.g., you deposit money, the bank pays you interest, or a check is direct deposited into your account).

a)

Load

b)

Deposit Slip

c)

Withdrawal

d)

Deposit

7.

A slip used to let the teller know how much money you’re depositing.

a)

Transaction

b)

Direct Deposit

c)

Deposit Slip

d)

Direct Deposit Slip

8.

An electronic method for transferring and depositing money directly into your account.

a)

Direct Deposit

b)

Automatic withdrawal

c)

Bank Deposit

d)

Online Banking

9.

The act of signing the back of a check so that you can deposit or cash it.

a)

Endorsement

b)

Restrictive Endorsement

c)

Select Endorsement

d)

Special Endorsement

10.

The use of computers to move money to and from your account, instead of using checks and other paper transactions. Electronic banking includes debit card transactions, electronic bill pay, and Automated Teller Machine (ATM) transactions.

a)

Online Banking

b)

Electronic Banking

c)

Electronic Bill Pay

d)

Direct Banking

11.

A service that automatically takes money from your account to pay your bills.

a)

Electronic Banking

b)

Electronic Bill Pay

c)

Online Banking

d)

Payroll Deduction

12.

The amount charged by financial institutions for account activities and services.

a)

Service Fee

b)

Banking charge

c)

Fee

d)

Interest

13.

A bank document that lists the fees you might be charged for certain account activities.

a)

Fee Schedule

b)

Fee

c)

Banking Fee

d)

Online Schedule Fee

14.

The extra money in your account that the bank pays you for keeping your money.

a)

Profit

b)

Simple Interest

c)

Interest

d)

Compound Interest

15.

Time and place where a retail transaction is completed. In this case it refers to merchants where purchases can be made using a debit card.

a)

ATM

b)

Service Desk

c)

Point of Sales

d)

PSO

16.

The act of resolving the difference between the statement balance and your check register balance.

a)

Recovery

b)

Reconcile

c)

Proofing

d)

Reconciliation

17.

A form you complete and sign when you open an account indicating you’re the account owner.

a)

Agreement

b)

Policy

c)

Signature Card

d)

Endorsement

18.

An electronic image of your check that has the same standing as the actual check.

a)

Blank check

b)

Voided Check

c)

Substitute Check

d)

Authorized Check

19.

A banking activity (e.g., depositing or withdrawing money, using your Automated Teller Machine (ATM) or debit card, or having checks direct-deposited into your account).

a)

Posting

b)

Reconciliation

c)

Transaction

d)

Withdrawal

20.

The process of taking money from your bank account.

a)

Deduction

b)

Withdrawal

c)

Substraction

d)

Minus

21.

Checking accounts are convenient because they provide you with quick and easy access to your money.

a)

True

b)

False

22.

Paychecks, income tax refunds, and public assistance benefits can be directly deposited into your account

a)

directly deposited into your account

b)

electronically deposited into your bank account.

23.

Direct deposit means that rather than receiving money as a paper check, the money is electronically deposited into your bank account

a)

true

b)

false

24.

A checking account is usually more expensive than other services

a)

true

b)

false

25.

ActiveX

a)

Small programs written in Java, which are downloaded as needed and executed within a Web page or browser

b)

An open set of technologies for integrating components of the Internet and within Microsoft applications

c)

Audio file format used by UNIX servers, the majority of Web servers. Most Web browsers can read AU

d)

High quality audio format developed by Apple Computer

26.

Applets

a)

Small programs written in Java, which are downloaded as needed and executed within a Web page or browser

b)

Audio file format used by UNIX servers, the majority of Web servers. Most Web browsers can read AU

c)

High-quality audio format developed by Apple Computer

d)

Standard Windows file format for video files

27.

AU

a)

High-quality audio format developed by Apple Computer

b)

Standard Windows file format for video files

c)

Audio file format used by UNIX servers, the majority of Web servers. Most Web browsers can read AU

d)

Style sheet language that provides the formatting and "look" of a Web page or document written in a markup language

28.

Audio Interchange File Format (AIFF)

a)

Storage space on a computer hard disk used to temporarily store downloaded data

b)

High-quality audio format developed by Apple Computer

c)

Always changing

d)

File format used for importing and exporting graphics

29.

Audio Video Interleave (AVI)

a)

Reacting to a particular user actions or the browser's completion of a specific task

b)

An HTML5 application programming interface that allows developers to retrieve the geographical location information for a client-side device

c)

A graphical image file format commonly used in HTML documents

d)

Standard Windows file format for video files

30.

Cascading Style Sheets (CSS)

a)

A compression/ decompression algorithm used by modern video and audio player plug-ins

b)

Small programs written in Java, which are downloaded as needed and executed within a Web page or browser

c)

Style sheet language that provides the formatting and "look" of a Web page or document written in a markup language

d)

An open set of technologies for integrating components on the Internet and within Microsoft applications

31.

Codec

a)

A compression/ decompression algorithm used by modern video and audio player plug-ins

b)

The Netscape-developed scripting language that was the predecessor to JavaScript

c)

High-quality audio and video file compression format

d)

Popular compression standard for audio files; retains most of the sound quality of the source

32.

Disk Cache

a)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

b)

A compression/ decompression algorithm used by modern video and audio player plug-ins

c)

Always changing

d)

Storage space on a computer hard disk used to temporarily store downloaded data

33.

Dynaminc

a)

Storage space on a computer hard disk used to temporarily store downloaded data

b)

Always changing

c)

Reacting to particular user actions or the browser's completion of a specific task

d)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

34.

Encapsulated PostScript (EPS)

a)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

b)

An object-oriented programming language developed by Sun Microsystems that is fully cross-platform functional

c)

A type of data file compression in which all original data can be recovered when the file is decompressed

d)

File format used for importing and exporting graphics

35.

Event-driven

a)

Reacting to particular actions or the browser's completion of a specific task

b)

A type of data file compression in which all original data can be recovered when the file is decompressed

c)

An object-oriented programming language developed by Sun Microsystems that is fully cross-platform functional

d)

A plug-in developed by Apple Computer for storing movie and audio files in digital format

36.

Geolocation

a)

An element on a Web page that contains data and procedures for how that item will react when activated. On a Web page, an object is typically a multimedia presentation

b)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

c)

An HTML5 application programming interface that allows developers to retrieve the geographical location information for a client-side device

d)

A plug-in developed by Apple Computer for storing movie and audio files in digital format

37.

Graphics Interchange Format (GIF)

a)

A graphical image file format commonly used in HTML documents

b)

An object-oriented programming language developed by Sun Microsystems that is fully cross-platform functional

c)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

d)

The Netscape-developed scripting language that was the predecessor to JavaScript

38.

Interactive

a)

The Netscape-developed scripting language that was the predecessor to JavaScript

b)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

c)

An open source graphical image file format created to replace GIFs

d)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

39.

Java

a)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

b)

The characteristic of some hardware and software, such as computers, games and multimedia systems, that allows them to respond differently based on a user's actions

c)

A type of data file compression in which some file information is permanently eliminated

d)

An object-oriented programming language developed by Sun Microsystems that is fully cross-platform functional

40.

Joint Photographic Experts Group (JPEG)

a)

A graphical image file format commonly used for photographs

b)

An HTML5 application programming interface that allows developers to retrieve the geographical location information for a client-side device

c)

A type of data file compression in which some file information is permanently eliminated

d)

Storage space on a computer hard disk used to temporarily store downloaded data

41.

LiveScript

a)

Storage space on a computer hard disk used to temporarily store downloaded data

b)

The Netscape-developed scripting language that was the predecessor to JavaScript

c)

A type of data file compression in which some file information is permanently eliminated

d)

A type of data file compression in which all original data can be recovered when the file is decompressed

42.

Lossless Compression

a)

Programming concept based on objects and data and how they relate to one another, instead of logic and actions; C++ and Java are OOP languages

b)

An element on a Web page that contains data and procedures for how that item will react when activated. On a Web page, an object is typically a multimedia presentation

c)

A type of data file compression in which some file information is permanently eliminated

d)

A type of data file compression in which all original data can be recovered when the file is decompressed

43.

Lossy Compression

a)

Popular compression standard for audio files; retains most of the sound quality of the source

b)

A type of data file compression in which all original data can be recovered when the file is decompressed

c)

A type of data file compression in which some file information is permanently eliminated

d)

High-quality audio and video file compression format

44.

Moving Picture Experts Group (MPEG)

a)

An element on a Web page that contains data and procedures for how that item will react when activated. On a Web page, an object is typically a multimedia presentation

b)

Programming concept based on objects and data and how they relate to one another, instead of logic and actions; C++ and Java are OOP languages

c)

High-quality audio and video file compression format

d)

Popular compression standard for audio files; retains most of the sound quality of the source

45.

MPEG-1 Audio Layer3 (MP3)

a)

High-quality audio and video file compression format

b)

Popular compression standard for audio files; retains most of the sound quality of the source

c)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

d)

A standard computer interface for creating and playing electronic music. It allows computers to re-create music in digital format for playback

46.

Musical Instrument Digital Interface (MIDI)

a)

An element on a Web page that contains data and procedures for how that item will react when activated. On a Web page, an object is typically a multimedia presentation

b)

A program installed in the browser to extend its basic functionality. Allows different file formats to be viewed as part of a standard HTML document

c)

A free, open-source alternative to the MP3 compression format for audio files; creates smaller, faster downloading files

d)

A standard computer interface for creating and playing electronic music. It allows computers to re-create music in digital format for playback

47.

Object

a)

Programming concept based on objects and data and how they relate to one another, instead of logic and actions; C++ and Java are OOP languages

b)

An element on a Web page that contains data and procedures for how that item will react when activated. On a Web page, an object is typically a multimedia presentation

c)

Standard file format for Apple QuickTime; uses the .mov, .moov or .qt file name extension

d)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

48.

Object-Oriented Programming (OOP)

a)

Programming concept based on objects and data and how they relate to one another, instead of logic and actions; C++ and Java are OOP languages

b)

An open-source image file format that provides lossless and lossy compression for images on the Web

c)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

d)

A free, open-source alternative to the MP3 compression format for audio files; creates smaller, faster downloading files

49.

Ogg Vorbis (.ogg)

a)

A free, open-source alternative to the MP3 compression format for audio files; creates smaller, faster downloading files

b)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

c)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

d)

A program installed in the browser to extend its basic functionality. Allows different file formats to be viewed as part of a standard HTML document

50.

Plug-in

a)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

b)

A program installed in the browser to extend its basic functionality. Allows different file formats to be viewed as part of a standard HTML document

c)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

d)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

51.

Portable Document Format (PDF)

a)

A plug-in developed by Apple Computer for storing movie and audio files in digital format

b)

Standard file format for Apple QuickTime; uses the .mov, .moov or .qt file name extension

c)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

d)

An open source graphical image file format created to replace GIFs

52.

Portable Network Graphics (PNG)

a)

A plug-in developed by Apple Computer for storing movie and audio files in digital format

b)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

c)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

d)

An open source graphical image file format created to replace GIFs

53.

QuickTime

a)

Standard file format for Apple QuickTime; uses the .mov, .moov or .qt file name extension

b)

A file format that can be transferred across platforms and retain its formatting; designated by the file name extension .pdf

c)

An open source graphical image file format created to replace GIFs

d)

A plug-in developed by Apple Computer for storing movie and audio files in digital format

54.

QuickTime Movie (MOV)

a)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

b)

Commonly used graphic file format, developed by Aldus Corporation; uses the .tif or .tiff file name extension

c)

Standard file format for Apple QuickTime; uses the .mov, .moov or .qt file name extension

d)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

55.

Rich Text Format (RTF)

a)

Standard file format for Apple QuickTime; uses the .mov, .moov or .qt file name extension

b)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

c)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

d)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

56.

Streaming Media

a)

A continuous flow of data, usually audio or video files, that assists with the uninterrupted delivery of those files into a browser

b)

Portable text file format created by Microsoft that allows image insertion and text formatting; an almost universal format

c)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

d)

Commonly used graphic file format, developed by Aldus Corporation; uses the .tif or .tiff file name extension

57.

Tagged Image File Format (TIFF)

a)

Commonly used graphic file format, developed by Aldus Corporation; uses the .tif or .tiff file name extension

b)

A scaled-down version of an application; designed to view and print files

c)

An open-source image file format that provides lossless and lossy compression for images on the Web

d)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

58.

Vector Graphics

a)

The Microsoft graphical user interface (GUI) programming language used for developing Windows applications. A modified version of the BASIC programming language

b)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

c)

Windows standard format for audio files

d)

A scaled-down version of an application; designed to view and print files

59.

Viewer

a)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

b)

An open-source image file format that provides lossless and lossy compression for images on the Web

c)

A scaled-down version of an application; designed to view and print files

d)

The Microsoft graphical user interface (GUI) programming language used for developing Windows applications. A modified version of the BASIC programming language

60.

Visual Basic

a)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

b)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

c)

A scaled-down version of an application; designed to view and print files

d)

The Microsoft graphical user interface (GUI) programming language used for developing Windows applications. A modified version of the BASIC programming language

61.

Visual Basic Script (VBScript)

a)

Windows standard format for audio files

b)

A scaled-down version of an application; designed to view and print files

c)

An open-source image file format that provides lossless and lossy compression for images on the Web

d)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

62.

Waveform (WAV)

a)

Windows standard format for audio files

b)

Scripting language from Microsoft derived from Visual Basic; used to manipulate ActiveX scripts

c)

A scaled-down version of an application; designed to view and print files

d)

An open-source image file format that provides lossless and lossy compression for images on the Web

63.

WebP

a)

Resizable images that are saved as a sequence of vector statements, which describes a series of points to be connected

b)

An open-source image file format that provides lossless and lossy compression for images on the Web

c)

Windows standard format for audio files

d)

A scaled-down version of an application; designed to view and print files