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WorksheetsIncome, Credit & Debit
Total questions: 18
Worksheet time: 10mins
An example of a financial Institution is:
A department store
A bank
A school
An ATM machine
Who uses financial institutions?
Adults
College Graduates
Almost everyone who maintains a savings or checking account, uses debit or credit cards, or needs a loan.
Account holders with lots of cash
Define online banking
An electronic way to view account activity and pay bills via the internet.
A for profit financial institution
A not-for-profit financial institution
none of the above
A bank is a not-for-profit financial institution
True
False
Your abilities include
Th things you do well
Your mental competence
The skill you need to do something
All of the above
Career Planning is done
After high school
In college
Throughout a lifetime
Once in a lifetime
Income is money received money received on a regular basis for work or through investments.
True
False
How do adults earn a income?
Adults earn income by working for an employer earning a wage
Selling goods (like an iphone or PS5)
Adults profit from financial investments
All of the Above
What are the characteristics of a Credit Union?
A not-for-profit financial institution
All of these are characteristics of a Credit Union
Mortgages and debit and credit cards
Member owned
What is an internet bank?
An electronic way to view your account.
A not-for-profit bank
A for-profit bank
An online bank; no physical branches with tellers or drive-up windows.
What is a characteristics of online banking and mobile banking.
Log on securely to an account or app using a username and password.
no physical branches with tellers or drive-up windows.
A bank that is web only
None of the above
You went to the store to buy some toothpaste, the tooth paste cost $12.15. The sales tax is 10%. What is the total price of the toothpaste?
$12.88
$12.87
$13.36
$13.37
You went to the store to buy some clothes. The clothes costs $250.00 The sales tax is 10%. What is the total price of the clothes your purchased?
$275.00
$300.00
$265.00
$230.00
When you are filling out a check, you must write the amount of money in words on the lines provided
True
False
When you are filling out a check, what must be included
Your Name
The amount of the check
Your signature
All of the above
When you are keeping track of your deposits and withdraws, withdraws from your account are:
Added to your account balance
subtracted from your account balance
multiplied by your account balance
divided by your account balance
When you are keeping track of your deposits and withdrawals, deposits from your account are:
Added to your account balance
Subtracted from your account balance
Multiplied by your account balance
Divided by your account balance
When you are keeping track of your deposits and withdrawals, deposits from your account are:
Added to your account balance
Subtracted from your account balance
Multiplied by your account balance
Divided by your account balance
