WorksheetsVocabulary Assessment - Payment & Fraud Concepts
Total questions: 20
Worksheet time: 10mins
Which of the following is NOT a payment method?
A type of bank account
A debit card
A cash app
A savings account
Cash is best described as:
Physical money used to buy goods or services
Digital money
Borrowed money
A credit card
A check is:
A written order telling the bank to pay someone a specific amount
A debit card
A cash app
A savings account
A debit card:
A card that withdraws money directly from your checking account
A card that borrows money
A gift card
A credit builder
A credit card:
A card that lets you borrow money and repay it later
A prepaid gift card
A debit card
A store loyalty card
A stored-value card is:
A card preloaded with a specific amount of money (like a gift card)
A credit card
A checkbook
A bank transfer
An online payment app is:
A digital service that lets you send or receive money
A physical bank card
A checkbook
A credit union
Phishing is:
A scam that tricks people into giving personal info
A way to secure accounts
A budgeting method
A credit report
Skimming refers to:
Stealing card info using a small device on a card reader
Phishing by text
Fake refunding
Cash theft
Identity theft occurs when:
Someone uses your personal information without permission
Forgetting your password
Closing an account
Canceling a card
Check forgery involves:
Altering or faking someone else's check
Writing a check for rent
Forgetting to sign a check
Depositing a check
Counterfeit money is:
Fake money made to look real
Expired checks
Bank loans
Returned checks
An overpayment scam is:
A fraud where someone sends too much money and asks for some back
A phishing email
A lost wallet
A bounced check
An account statement is:
A record showing all your transactions and balance
A loan agreement
A security PIN
A check deposit
Fraud means:
Lying or tricking someone to steal money or information
Forgetting a password
Paying a bill
Saving for retirement
Red flags are:
Warning signs that something might be unsafe
Positive signs of security
Ways to earn interest
Bank fees
A PIN is:
A secret number used to confirm your identity when using a card
A type of fraud
A credit score
An account balance
Encryption is:
A way of turning data into code to protect it from hackers
A scam message
A way to spend faster
A budgeting tool
A prevention strategy is:
An action or habit that protects you from fraud
A fraud technique
A credit repair service
A tax deduction
A PSA (Public Service Announcement) is:
A short message that educates or warns the public about an issue
A security password
A bank alert
An ad for a product
