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Accounts (Banking System)

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

An account where people put their money and earn interest

a)

checking

b)

saving

2.

An account that someone holds at a bank that allows the holder to write ckecks or use a debit card to remove money

a)

checking

b)

saving

3.

If it is ....., it is made up of money or can be converted easily into money

a)

fee

b)

liquid

c)

current

4.

Someone who puts money into account is called (a)  

5.

When you take money from an account

a)

withdrawal

b)

deposit

c)

change

6.

A small, plastic card that is used to remove money from a checking account for a payment

(a)  

7.

You will have a (an) ......... if you spend money money from your account.

a)

avarage balance

b)

overdraft

c)

checkbook

8.

....... is the processof putting money into someone else's account electronically

a)

direct deposit

b)

overdraft

c)

withdrawal

9.

He needs to pay an extra fee if his account falls below the .....

a)

avarage balance

b)

minimum balance

c)

interest rate

10.

I have an account with an excellent .....

a)

interest rate

b)

balance sheet

c)

percentage