Intro to Depository Institutions

Intro to Depository Institutions

9th - 12th Grade

13 Qs

quiz-placeholder

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Intro to Depository Institutions

Intro to Depository Institutions

Assessment

Quiz

Specialty

9th - 12th Grade

Practice Problem

Easy

Created by

Leigh Heath

Used 146+ times

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A machine that allows individuals to complete certain transactions from machine without human assistance

Savings tool
Automated teller machine
commercial bank
online banking

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An account that allows quick access to funds for transactions

online banking
savings tool
savings account
checking account

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For-profit depository businesses that offer financial services to both consumers and other businesses

checking account
debit card
commercial bank
mobile banking

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Payment transactions that can be completed with no physical connection between the payment device and the physical point of sale terminal or store clerk

contactless payment
credit union
debit card
depository institutions

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Depository institutions that offer many banking services and are owned by their customers

commercial bank
credit union
mobile banking
online banking

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A plastic card that is electronically connected to the cardholder's depository institution account

credit card
debit card
interest card
savings card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that provide financial services

depository institution
ATM
online banking
savings tool

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