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Worksheets

Checking Accounts

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

A check that you have written out that the bank hasn't paid yet.

a)

Reconcile

b)

Outstanding Check

c)

Check Register

2.

A record you keep of all transactions in your checking account.

a)

Check Register

b)

Bank Statement

c)

Deposit Slip

3.

A form usually sent each month to the account holder, listing the checks paid, deposits, withdrawals, debits, service charges and the account balance.

a)

Check

b)

Check Register

c)

Bank Statement

4.

Comparing your check register with the bank statement of your checking account to make sure they agree and to correct any mistakes.

a)

Outstanding Check

b)

Outstanding Deposit

c)

Reconcile

5.

When you take money out of your account.

a)

Deposit

b)

Withdrawal

6.

A machine that lets you access your bank account at any time.

a)

Automated Teller Machine (ATM)

b)

Personal Identification Number (PIN)

c)

Electronic Funds Transfer (EFT)

7.

When you write a check for more than is in your account.

a)

Overdraft

b)

Outstanding Check

c)

Outstanding Deposit

8.

The amount of money you have in account.

a)

Deposit

b)

Balance

c)

Net Pay

9.

A deposit that you have made that the bank hasn’t processed yet.

a)

Outstanding Check

b)

Outstanding Deposit

c)

Overdraft

10.

A piece of paper that orders the bank to pay money from an account.

a)

Check

b)

Debit Card

c)

Deposit Slip

11.

Your signature on the back of a check that allows the bank to give you cash or add money to your account.

a)

Endorsement

b)

Reconcile

c)

Check Register

12.

Putting money into a bank account.

a)

Deposit

b)

Withdrawal