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Financial Income Quiz

Total questions: 21

Worksheet time: 12mins

Name
Class
Date
1.

Your abilities include

a)

skills and things you do well after learning and practicing them

b)

your mental competence

c)

the skill you need to do something

d)

only natural born talents

2.

Your aptitudes include

a)

the skills and things you do well after learning and practicing them

b)

the ideals that are important to your career choice

c)

things you like and enjoy doing

d)

your natural talents that you were born with

3.

Your values when picking a career refer to

a)

the things and skills you do well after learning and practicing them.

b)

the ideals that are important to your career choice

c)

the things you like and enjoy doing

d)

Your natural born talents

4.

Which of the following are financial institutions?

a)

bank

b)

library

c)

credit union

d)

museum

5.

Which services is a bank likely to offer?

a)

balance

b)

savings account

c)

personal

loans

d)

checking account

6.

Financial institution that is non-profit

a)

bank

b)

savings and loan

c)

credit union

d)

museum

7.

Which is always required when depositing money into an account?

a)

include your account number

b)

swipe your credit card

c)

signing the deposit ticket

d)

thank the teller

8.

The amount left over from your paycheck after taxes and deductions are withheld is called

a)

balance

b)

gross balance

c)

transaction

d)

net pay

9.

The amount deposited into an account after deducting the money received for cash back

a)

balance

b)

net deposit

c)

gross balance

d)

net pay

10.

Selena needs a place to keep important documents like her will and estate papers, where should she keep it?

a)

checking account

b)

savings account

c)

ATM

d)

safe deposit box

11.

Jeff needs to have bank services but wants to become a member at a local, not-for-profit financial institute. Where should Jeff do his banking?

a)

bank

b)

credit union

c)

savings and loan

d)

Internet bank

12.

Jordan wants a financial institute where he can do transactions anytime, anyplace, without going to a building. Where should Jordan do his banking?

a)

Bank

b)

credit union

c)

savings and loan

d)

Internet bank

13.

The following statements are true about direct deposit

a)

it is convenient

b)

it costs a monthly fee

c)

it is reliable

d)

it is worry free

14.

What type of account usually pays the client interest?

a)

checking account

b)

credit cards

c)

savings account

d)

debit card

15.

What is the device that is used to withdraw money and is found in shopping centers, stores, and outside of financial institutions?

a)

checking account

b)

ATM

c)

online banking

d)

internet banks

16.

How can you access your bank account from your bank building that is currently closed?

a)

online banking

b)

internet banking

c)

ATM

d)

credit unions

17.

When do you need to sign a deposit ticket/slip?

a)

everytime

b)

never

c)

only when depositing the whole amount of the check

d)

when you want cash back

18.

Which of the following is a buy now, pay now type of payment?

a)

credit card

b)

debit card

c)

loan

d)

all the above

19.

Which of the following are a buy now, pay later type of payment?

a)

credit card

b)

debit card

c)

cash

d)

gift card

20.

Which type of payment card is like a mini loan?

a)

credit card

b)

debit card

c)

gift card

d)

prepaid card

21.

Which of the following card payments is like using cash?

a)

credit card

b)

debit card

c)

gift card

d)

prepaid card