Banking Basics

Banking Basics

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Kelly Stilling

FREE Resource

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9 questions

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1.

FLASHCARD QUESTION

Front

BANK

Back

A financial institution that helps manage money by offering services like storing money in accounts; spending money using debit cards, app, or checks.

2.

FLASHCARD QUESTION

Front

BALANCE

Back

The amount of money you have to spend in your account.

3.

FLASHCARD QUESTION

Front

WITHDRAW

Back

To take money OUT of your account (subtract/spend).

4.

FLASHCARD QUESTION

Front

DEPOSIT

Back

To put money INTO your account (add/get paid/gift).

5.

FLASHCARD QUESTION

Front

SAVINGS ACCOUNT

Back

An account to put money aside for emergency or goals/large purchases.

6.

FLASHCARD QUESTION

Front

CHECKING ACCOUNT

Back

An account for everyday spending (clothes, food, bills, etc).

7.

FLASHCARD QUESTION

Front

ATM MACHINE

Back

An Automated Teller Machine that allows customers to do basic banking transactions, such as cash withdrawals, deposits, and checking your balance.

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