WorksheetsElementary Banzai Vocabulary Quiz
Total questions: 20
Worksheet time: 10mins
A plan for spending money is called a (a)
What term describes an important expense for a job?
Personal Expense
Business Expense
Leisure Expense
Travel Expense
Competition in the market leads to (a)
The term for money given to a bank for safekeeping is (a) .
Match the following terms with their definitions.
Income
The money received, especially on a regular basis, for work or through investments.
Debt
The amount owed to someone.
Expense
The cost required for something; the money spent on something.
Deposit
A sum of money placed or kept in a bank account, usually to gain interest.
What is the term for money spent?
Income
Deposit
Debt
Expense
What is the term for money earned from work?
Expense
Income
Debt
Deposit
What is the charge for borrowing money called?
Loan
Interest
Sales Tax
Check
What is a piece of paper that allows you to buy things with money directly from your checking account?
Loan
Interest
Check
Sales Tax
What do you call borrowed money that must be paid back?
Loan
Interest
Check
Sales Tax
What is the percentage added to the price of goods?
Loan
Interest
Check
Sales Tax
What is the role of a vendor?
Buyer of a product
Seller of a product
Manufacturer of a product
Designer of a product
What is a credit card?
A card that gives you rewards for purchases
A card that loans you the money to buy things and charges interest if not paid off each month
A card that stores your personal information
A card that is used only for online shopping
Match the following descriptions with the correct type of card.
A card that loans you money
Credit Card
A card you can use to pay with money directly from your checking account
Debit Card
A card that earns you points for travel
Rewards Card
A card that is used for international transactions only
International Card
Who is a teller?
A person who designs bank buildings
A bank employee who takes in money and pays out money
A person who manages bank security
A bank employee who only works with loans
What is a savings account?
A place to store your money that earns a small percentage of interest
A type of loan from a bank
A method to pay bills online
A way to invest in stocks
What is a checking account?
A deposit account that allows easy deposit, withdrawal, and transfer of funds
A type of savings account with high interest
A credit card account
An account for storing gold
What does a bill represent?
An amount of money owed for goods or services
A type of savings account
A financial institution
A method of investment
What is a checkbook register?
A document used to record financial transactions for a checking account
A tool for calculating interest rates
A type of savings account
A method for transferring money between accounts
What does the term "transfer" mean in banking?
Opening a new account
Movement of money from one account directly to another
Calculating interest on savings
Writing a check
