WorksheetsPersonal Finance 2
Total questions: 15
Worksheet time: 24mins
Money added to a checking account is called a
withdrawal
deposit
endorsement
drawee
What is her total deposit?
An account statement includes all the following except _____.
a list of outstanding deposits.
the date a transaction cleared the bank.
the opening balance.
transaction amounts.
What is wrong with this check?
Name is incomplete
Check amount is not written out
Signature issues
Date issues
How much is the check worth?
$5
$50
$500
$0
Overdraft protection...
Allows you to withdraw more money than you have in your account
Protects your account from unauthorized transactions
Helps you save money for emergencies
Provides insurance for your deposits
Which of the following is NOT required to open a checking account?
Proof of identity
Proof of address
Social security number
Minimum age requirement
How can you protect your checking account when using online and mobile banking?
Use strong and unique passwords
Avoid using public Wi-Fi networks
Regularly monitor your account activity
All of the above
The least amount that must be paid on a credit card each month is
Late Fee
Credit Limit
Payment Amount
Minimum Payment
