WorksheetsBanking Procedures and Services
Total questions: 15
Worksheet time: 7mins
How many types of bank accounts did we learn about?
3
5
2
4
3
Which of the following is NOT considered when planning a budget?
expenses
monthly income
credit rating
wants and needs
When determining your budget, what should be considered?
the right bank
having more income than expenses
ability to afford all wants and needs
all of the above
A(n) ____________ is a fee a bank charges you for having an account.
service charge
debit
overdraft fee
credit
What does ATM stand for in banking?
All The Money
Automatic Transfer Machine
Automated Transfer Machine
Automated Teller Machine
What is used to track money spent from an account
register
budget
customer service representative
checkbook
When purchasing goods when you don't have the money right away, you are using...
bad judgment
credit
loan
debt
T or F the money you have available to spend from your account is called your register.
(a)
Which of the following choices below is NOT a type of savings account?
retirement
CD
safety deposit box
MMA(Mixed Martial Arts)
When you write a check and don't have enough money in your checking account you'll....
have outstanding transactions
have to drop out of Mrs. Heeremas money class
be automatically reconciled
have an overdraft
What type of bank has a non-profit status and offers lower interest rates? :)
Commercial bank
Investment bank
Credit union
Traditional bank
What does the NOW account stand for?
National Organization for Women
National Order of Withdraw
Negotiable Order of Withdrawal
Negotiable Order of Withdraw
