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Worksheets

Finance Knowledge

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

This is how much a person earns for every hour worked

a)

net pay

b)

gross pay

c)

hourly pay

d)

salary

2.

This is how much is actually earned before deductions are taken out of the paycheck

a)

gross pay

b)

net pay

c)

hourly pay

d)

salary

3.

This is money taken out of a person's paycheck such as for taxes or health insurance

a)

reduction

b)

deduction

c)

induction

d)

preduction

4.

This is how much money a person takes home after deductions

a)

gross pay

b)

net pay

c)

hourly pay

d)

salary

5.

This is an order to pay money from you checking account to a person or company

a)

balance

b)

withdrawal

c)

deposit

d)

check

6.

This is putting money into a bank account

a)

withdrawal

b)

induction

c)

deposit

d)

supply

7.

This is a paper you fill out to show how much money you are depositing

a)

withdrawal slip

b)

checkbook register

c)

deposit slip

d)

passbook

8.

This is the way you sign your name

a)

signature

b)

balance

c)

writing name

d)

handsigning

9.

A record of checks and deposits made to a checking account

a)

journal

b)

record book

c)

passbook

d)

checkbook register

10.

This is how much money is in an account

a)

scale

b)

total

c)

balance

d)

imbalance

11.

This is a plan for spending one's money wisely

a)

journal

b)

passbook

c)

balance

d)

budget

12.

This is what it is called when you take money out of an account

a)

stealing

b)

deposit

c)

withdrawal

d)

investing

13.

This is a book for keeping record of deposits, withdrawals, and the balance in a savings account

a)

passbook

b)

checkbook register

c)

savings book

d)

account book

14.

This is money the bank pays you for keeping your money in a savings account

a)

fee

b)

interest

c)

service fee

d)

service charge

15.

This is the number that identifies your account

a)

balance

b)

account figures

c)

identification digits

d)

account number

16.

This is a cash machine found at banks and other locations

a)

ATM

b)

BTS

c)

ANT

d)

CAM

17.

This is another name for a check card

a)

account card

b)

credit card

c)

debit card

d)

plastic card

18.

This is a secret code you need to use the ATM

a)

BTS

b)

DOG

c)

CAT

d)

PIN

19.

This is money charged by a bank for a service

a)

bank money

b)

service charge

c)

account fee

d)

service account fee

20.

This is banking business such as a deposit or withdrawal

a)

infraction

b)

traction

c)

refraction

d)

transaction