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checking, savings and goals review

Total questions: 26

Worksheet time: 13mins

Name
Class
Date
1.

What goal is the most realistic?

a)

I am going to be a millionaire

b)

I am going to play in the NFL

c)

I am going to have an average of 80 in all of my class

d)

I will be the president of the USA

2.

How can you measure this goal: I will turn in all of my math homework this quarter.

a)

by collecting my classwork assignments

b)

by the teacher telling me that I have done a good job

c)

by the way I feel

d)

by checking my grades once a week on Infinite Campus

3.

Which goal can you measure?

a)

I am going to turn in all of my homework.

b)

I hope to be a video game designer.

c)

I will cultivate a sense of fashion.

d)

I am going to be a better friend.

4.

Which goal is specific?

a)

I am going to be a better friend.

b)

I am going to turn in all of my math homework.

c)

I am going to be successful.

d)

I am going to do better in school.

5.

What is a goal?

a)

a pair of posts linked by a crossbar with a net attached

b)

a guide to lead you to a specific outcome

c)

guide for taking a test

d)

answers to your problems

6.

What would make this goal a stronger goal? "to increase the amount of students who pass the test"

a)

to make the principal happy

b)

to justify the test

c)

in comparison to other tests

d)

by 30% as measured by the score on the test

7.

What is missing from this smart goal? "To increase the amount of time that students spend reading."

a)

measurable

b)

specific

c)

timebound

d)

attainable

8.

What does the acronym for SMART goals mean?

a)

Short, Measurable, Actionable, Results-focused, Tedious

b)

Specific, Meaningful, Applicable, Realistic, Trademarked

c)

Specific, Mediocre, Achievable, Readiness-level, Tedious

d)

Specific, Measurable, Achievable, Realistic, Time-bound

9.

Kaylee will save her allowance of $25 per month to purchase a $150 air pods in six months. This is an example of what type of goal?

a)

not a goal at all

b)

educational goal

c)

short term goal

d)

long term goal

10.

Comparing your checking account register to the bank statement is called?

a)

depositing money

b)

reconciling your account

c)

checking your account

d)

withdrawing money

11.

Money taken out of your checking account...

a)

withdraw

b)

outstanding

c)

endorsement

d)

stop payment

12.

Which of the following refers to the payee's signature on the back of the check?

a)

withdraw

b)

signature card

c)

endorsement

d)

stop payment

13.

A __________________ is used to add funds inside the bank to your bank account

a)

check registery

b)

check

c)

ATM card

d)

deposit slip

14.

A person can earn and be charged interest.

a)

True

b)

False

15.

An overdraft fee may be charged if you exceed your checking account balance when using your debit card.

a)

True

b)

False

16.

A debit card can be used with a PIN number.

a)

True

b)

False

17.

This depository institution offers other financial services.

a)

Both

b)

credit union

c)

commercial bank

18.

This depository institution is in business to make money.

a)

credit union

b)

commercial bank

c)

both

19.

Anyone can open a checking account here...

a)

commercial bank

b)

credit union

c)

both

20.

When using your checking account, spending should be recorded in this part of your checkbook.

a)

Deposit Slip

b)

Checkbook

c)

Check Register

d)

Debit Card

21.

Debit cards require using this to access the account to perform transactions.

a)

PIN

b)

check

c)

deposit slip

d)

debit card

22.

This is used inside the bank or when using the drive thru teller, it contains the account holder’s account number and allows money (cash or check) to be deposited into the correct account

a)

check register

b)

deposit slip

c)

debit card

d)

check

23.

This is used inside the bank or when using the drive thru teller, it contains the account holder’s account number and allows money (cash or check) to be deposited into the correct account

a)

deposit slip

b)

check register

c)

check

d)

debit card

24.

Used to withdraw cash or make deposits.

a)

ATM

b)

check

c)

PIN

d)

checking account

25.

A legal document that functions like cash.

a)

check register

b)

check

c)

debit card

d)

reconciling

26.

A common financial service used by many consumers. They can help to manage money and make paying bills more conveniently

a)

check register

b)

debit card

c)

atm

d)

checking account