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Money Moves 2 Practice (Lesson 2-3)

Total questions: 49

Worksheet time: 25mins

Name
Class
Date
1.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident

2.

What action are you taking if you use your mobile app to transfer funds?

a)

Checking all of your accounts for their transaction histories

b)

Moving money from one account to another at the same financial institution

c)

Paying bills from your checking account

d)

Making a deposit to your savings account

3.

If you wanted to move some money from your checking account to your savings account, what button would you select in a mobile banking app?

a)

Transfer

b)

Deposit

c)

Pay Bill

d)

Account

4.

What is the purpose of setting an alert in a mobile banking app?

a)

Bill paying

b)

Help from customer service

c)

Ordering food for delivery

d)

Locating nearby financial institutions and ATMs

5.

Which is not a feature of online banking?

a)

Bill paying

b)

Ordering food for delivery

c)

Locating nearby financial institutions and ATMs

d)

Help from customer service

6.

Online banking sites and mobile banking apps can help you manage your money because _____.

a)

they limit how much you can spend

b)

they allow you to track your spending and savings

c)

they offer higher interest rates which helps with savings

d)

they make it easier to spend your money

7.

Since online banking and mobile apps allow you to track your spending and savings, they are really helping you _____.

a)

reach higher interest rates

b)

make your money even safer

c)

avoid using the services of your financial institution

d)

manage your money

8.

Managing your money can be made easier with online and mobile banking since they help you _____.

a)

track your spending and savings

b)

reduce your expenses

c)

increase your interest rates

d)

decrease the number of your bills

9.

Scheduling an _____ payment of your bills is one way to use online or mobile banking apps to help manage your money.

a)

interest

b)

automatic

c)

organizational

d)

alert

10.

How can you use online or mobile banking apps to help you pay your bills on time each month?

a)

By setting an alert when bills are due

b)

By transferring money between checking and savings accounts

c)

By having a direct deposit paycheck

d)

By checking up to the minute balances in your accounts

11.

What can you schedule with online and mobile banking apps that can help you pay your bills on time and regularly?

a)

Transfers between accounts and alerts

b)

Deposit notifications and ATM indications

c)

Automatic payments and alerts

d)

Chatbot notifications and transfer of funds

12.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident

13.

One way to meet a savings goal is to schedule automatic _____ of money from a checking to a savings account.

a)

alerts

b)

transfers

c)

verifications

d)

withdrawals

14.

Online and mobile banking can be used to help you meet savings goals by _____.

a)

scheduling automatic transfers into a savings account

b)

raising your savings interest rates the more you use the online and mobile services

c)

offering incentives to keep banking with your current financial institution

d)

accepting direct deposit paychecks

15.

Using online and mobile banking apps to schedule automatic transfers of money into your savings account can help you _____.

a)

meet your financial institution’s account requirements

b)

raise your credit score

c)

meet savings goals

d)

pay bills

16.

Which of the following is safe to do over public Wi-Fi?

a)

Checking credit card balance

b)

Looking up information for a class

c)

Checking email

d)

Logging into a banking portal online

17.

Which of the following is safe to do over public Wi-Fi?

a)

Checking credit card balance

b)

Checking email

c)

Searching for information about internet security

d)

None of the above

18.

True or False: You can use public Wi-Fi to do online banking as long as you visit encrypted and secure websites.

a)

True because public Wi-Fi is safe for online banking

b)

True because as long as your passwords are strong you will be safe.

c)

False because you may be using a Wi-Fi access point and visiting a spoofed site.

d)

False because the strong passwords make you safe not the site’s encryption

19.

Criminals may be able to use your social media posts to steal from you if you ______.

a)

share some of your favorite songs that you like to listen to

b)

share memes that might show your political and social attitudes

c)

share information about types of movies you like

d)

share where you like hang out and your birthday

20.

It may be safe to share some personal details on social media like your pet’s name and the school you attend if you do what?

a)

Only post personal information once on a while

b)

Only log on to your account at home

c)

Set your account to private and only allow people you know

d)

Block users who seem suspicious

21.

Which of the following is a best practice of social media safety?

a)

Do not share personal details unless your account is private and you only connect with people you know.

b)

Do not log onto your social media account using your cell data

c)

Only log onto your social media account when you’re at home.

d)

Do not share personal details unless you block users who seem suspicious.

22.

Which of the following will make a weak password?

a)

Making it least 16 characters long

b)

Repeating letters and numbers

c)

Mixing letters, numbers, and symbols

d)

Using upper and lowercase letters

23.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident

24.

When creating a strong password, which of the following should you not do?

a)

Make it least 8 characters long

b)

Use upper and lowercase letters

c)

Mix letters, numbers, and symbols

d)

Repeat letters and numbers

25.

When creating a strong password, which of the following should you do?

a)

Repeat letters and numbers

b)

Use common words

c)

Mix letters, numbers, and symbols

d)

Use common phrases

26.

What is a spoofed email or website?

a)

An impostor email or website that is designed to look like it came from a legitimate company

b)

An email or website that was hacked and no longer works

c)

An email or website that shouldn’t be used because hackers stole the usernames and passwords for it

d)

All of these

27.

Which of the following is true of a spoofed or impostor site?

a)

They usually have an address that looks similar to a real company web address

b)

It’s pretty obvious that it is a spoofed website since it will look really fake.

c)

They will never have a lock icon next to the website address

d)

It’s safe to enter your information over the site as long as you do it on your home computer.

28.

Which of the following is not true of spoofed, impostor sites.

a)

They will never have a lock icon in the URL toolbar

b)

They usually have an address that looks similar to a real company URL

c)

Information you provide over the site can be stolen

d)

They are also known as look-a-like domains

29.

Which of the following are methods a criminal uses to get someones money or personal information?

a)

Over the phone

b)

Through an email

c)

On a fake website

d)

An face to face conversation

30.

Which of the following is not a common characteristic of a spoofed email?

a)

Spelling and grammar mistakes

b)

Offers that seem too good to be true

c)

Threatening emails or emails that appeal to sympathy

d)

It comes from the email accounts of your friends and family

31.

Which of the following is not a suspicious email characteristic?

a)

Offers that seem too good to be true

b)

Spelling and grammar mistakes

c)

Emails claiming to be from government offices

d)

Threatening emails or emails that appeal to sympathy

32.

You have the best chance of getting your money back from a scam if what happened?

a)

You did authorize the payment

b)

You didn’t authorize the payment.

c)

You called the police

d)

You were using a secure connection.

33.

Your ability to get your money back from a scam or fraud depends on what?

a)

If you authorized the payment

b)

How much money you lost

c)

Whether or not the police believe you

d)

Which financial institution you use

34.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident

35.

Which of the following is true of a scam?

a)

If you file a claim, you can usually get your money back.

b)

You get your money back only if you contact your financial institution quickly

c)

Whether or not you can get your money back depends on how much you lost.

d)

If you authorized the payment, it may be more difficult to get your money back.

36.

Which example shows a victim authorizing a scam or fraud?

a)

Maria used public Wi-Fi to log into her bank account. A couple of days later, there were some mysterious withdrawals from her account.

b)

Khalid paid for his meal using his credit card. The waiter copied his card and then used the card to purchase things later

c)

Felicia had her identity stolen when she lost her credit card.

d)

Paul got a call saying he had unpaid parking tickets and they asked for his credit card number. He gave it to them to avoid going to jail.

37.

Which example shows a victim authorizing a scam or fraud?

a)

Deandre had his identity stolen when he lost his credit card.

b)

Juan got a call saying he had unpaid parking tickets and they asked for his credit card number. He gave it to them to avoid going to jail.

c)

Drew paid for his meal using his credit card. The waiter copied his card and then used the card to purchase things later

d)

Samantha used public Wi-Fi to log into her bank account. A couple of days later, there were some mysterious withdrawals from her account.

38.

Which example shows a victim authorizing a scam or fraud?

a)

Marco paid for his meal using his credit card. The waiter copied his card and then used the card to purchase things later.

b)

Jalil used public Wi-Fi to log into his bank account. A couple of days later, there were some mysterious withdrawals from his account.

c)

Koli got a call saying she had unpaid parking tickets and they asked for her credit card number. She gave it to them to avoid going to jail.

d)

Ann had her identity stolen when she lost her credit card.

39.

Who do you contact to get your credit report?

a)

The credit bureaus

b)

Your financial institution

c)

Any credit card company

d)

The Department of Consumer Affairs

40.

Which companies or organizations keep track of your borrowing history?

a)

The IRS

b)

Your financial institutions

c)

Credit bureaus

d)

The Department of Consumer Affairs

41.

When are you allowed to review your credit report?

a)

Once a year

b)

Once a year unless you are the victim of fraud, then twice a year

c)

You can get a copy at any time, but it’s only free once a year

d)

Only when you are the victim of fraud

42.

Why is it important to check your credit report at least once a year?

a)

To see if anyone is suing you

b)

To check for suspicious activity on all of your accounts

c)

To see your last account balances

d)

To check to see if all balance transfers took place

43.

Which of the following steps is not recommended if you think you are the victim of identity theft or fraud?

a)

Review your credit report

b)

Alert your financial institutions

c)

Wipe the hard drive of the device you used when the fraud occurred

d)

Change your passwords

44.

What should you do if you suspect you are the victim of identity theft?

a)

Review your credit report, alert your financial institutions, and change your passwords

b)

Review your credit report, alert your financial institutions, and delete your hard drive

c)

Review the news, alert your credit card company, and change your passwords

d)

Review your passwords, alert your credit report and change your financial institution.

45.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident

46.

Which of the following is not someone who should be contacted if you are the victim of identity theft or fraud?

a)

The credit bureaus

b)

Your financial institution

c)

Credit card companies

d)

Your local elected official like the mayor

47.

Who should you not contact if you think you are the victim of identity theft or fraud?

a)

Your local elected official like the mayor

b)

Your financial institution

c)

Credit card companies

d)

The credit bureaus

48.

If you are the victim of identity theft or fraud, you should contact the following places except_____.

a)

credit card companies

b)

your local elected official like the mayor

c)

credit bureaus

d)

your financial institution

49.

Rate your understanding of MONEY MOVES (traditional and online banking) as a whole.

a)

1* I am super lost

b)

2** I get some things but not others

c)

3*** I feel pretty good; I just need more practice

d)

4**** I feel super Confident