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Worksheets

Achieving Financial Strength

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

When should transactions made with a debit card be recorded in your checkbook

a)

tomorrow

b)

immediately

c)

next week

d)

never

2.

Cashier's checks are most useful for people who do not have

a)

a checking account

b)

a savings account

c)

a service account

d)

a school lunch account

3.

Traveler's checks that are lost

a)

cannot be replaced

b)

can be replaced

c)

will charge you a service charge

d)

will never be found

4.

Financial institutions offer these to the consumer

a)

nothing at all

b)

risks

c)

insecurity

d)

safety and interest earnings on money

5.

When people speak of banks, they usually mean these

a)

Western Union

b)

credit unions

c)

commercial banks

d)

Walmart customer service

6.

Most interest earning checking accounts require this

a)

nothing

b)

maximum balance

c)

minimum balance

d)

joint account

7.

A lost check that has been this can be cashed by anyone

a)

missing for six months

b)

found

c)

forged

d)

endorsed

8.

Pay to the order of is

a)

A common blank endorsement

b)

an uncommon blank endorsement

c)

a false endorsement

d)

not allowed

9.

Cashing a Certificate of Deposit before maturity results in this

a)

illegal activity

b)

gain of extra interest

c)

loss of interest

d)

termination of banking business

10.

The investment in mutual funds is

a)

is not risky at all

b)

is the riskiest of investments

c)

with only one business

d)

diversified

11.

An insurance company makes money by investing policy holders'

a)

lives

b)

premiums

c)

food

d)

ideas

12.

A renewal privilege allows the policy holder to renew the policy without having

a)

a physical examination

b)

a mental examination

c)

a chemistry examination

d)

a math examination

13.

Good students who complete this can often obtain auto insurance discounts

a)

Dance lessons

b)

guitar lessons

c)

Driver's education courses

d)

physical fitness test

14.

In order to use an ATM you will need a

a)

EXT

b)

ABC

c)

BTS

d)

PIN

15.

This is where you should record all checking account transactions

a)

checkbook register

b)

passbook

c)

checkbook journal

d)

bank book