WorksheetsBank Statement Review
Total questions: 20
Worksheet time: 40mins
To sign the back of a check means to:
endorse
receive
write
To take money out of your account means:
deposit
withdraw
To put money into your account means:
withdraw
deposit
When you withdraw money, your balance:
increases
decreases
When you deposit money, your balance:
increases
decreases
When you pay your bills, your account balance:
increases
decreases
Which is an example of a bill someone would pay monthly?
Rent
groceries
new clothes
An ____ machine allows a person to withdraw money from their account without going to a bank.
Debit
Credit
ATM
What is the name of the four-digit number that allows you to access money from your bank account?
Social Security Number
PIN Number
Phone Number
Why do banks block out part of your account number on bank statements?
To keep you a person guessing.
To maintain privacy and make sure no one accidentally gets your information.
It is usually a mistake.
True or False: A person should only check their bank statement or account a few times a year?
True
False
What might happen if a person gets your credit card or bank account information?
They will call your house.
They can spend your money without you knowing.
They will return it to your house.
If a person spends more money than they deposit, their ending balance will be _____ than the beginning balance.
less than
more than
If a person deposits, or saves more money than they spend, their ending balance will be _____ than the beginning balance.
more than
less than
Why is it important to save your money?
What is an example of something you might save your money to purchase?
a new and expensive pair of sneakers
a candy bar
a pack of pens
Where can you go to deposit money, withdraw money, or take out a loan?
A car wash
A bank
A school
Where is your money safer: in a drawer in your house or at the bank?
At the bank
Drawer in my house
Which is an item you might save up to purchase?
A reusable water bottle
A bag of apples
A new iPhone
Which item most likely costs the most?
A new car
A flat screen TV
A used bike
