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Checking Terms Review

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Automatic Teller Machine. Allows a customer to get out physical currency from their account

a)

PIN

b)

Debit Card

c)

ATM

d)

Prepaid Card

2.

The amount of money you have in your bank account

a)

Balance

b)

Deposit

c)

Overdraw

d)

Direct Deposit

3.

The bank's accounting of your transactions

a)

Voided check

b)

Bank Statement

c)

Prepaid Card

d)

Deposit

4.

A business that cashes checks, giving the customer cash in exchange for a fee for the service.

a)

Direct Deposit

b)

Deposit

c)

Voided Check

d)

Check Cashing Store

5.

A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.

a)

Prepaid Card

b)

Direct Deposit

c)

Debit Card

d)

Bank Statement

6.

Money put into your account

a)

Deposit

b)

Overdraw

c)

Balance

d)

PIN

7.

Your employer automatically deposits your paycheck into your account.

a)

Overdraw

b)

ATM

c)

PIN

d)

Direct Deposit

8.

To write a check or make a withdrawal when there isn't enough money in the account to pay for it.

a)

Balance

b)

Overdraw

c)

Deposit

d)

Voided Check

9.

Personal Identification Number. Needed to use an ATM card

a)

PIN

b)

Balance

c)

ATM

d)

Deposit

10.

A card that is loaded with a specific cash amount before you use it but then looks and works like a credit card until the full value is spent.

a)

Debit Card

b)

Bank Statement

c)

Prepaid Card

d)

Direct Deposit

11.

BONUS: A check with "VOID" written across it that make it non-negotiable.

a)

Bank Statement

b)

Voided Check

c)

Debit Card

d)

Balance