Banking Review

A _____ is needed when adding funds to a bank account in person.

• deposit slip

• signature card

• check

• check register

Money taken out of your checking account.

• withdrawal
• stop payment
• endorsement
• outstanding

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

You _________ your account when you write checks for more money than you have in the bank.

• charge

• withdraw

• overdraw

• deposit

What is a debit card?

• it's like a check but comes out of your account automatically

• It's more convenient than a check

• Your use your PIN number to make purchases

• all of the above

Which of the following is not something that you fill out on a check?

• your signature 
• the date
• your birthdate 
• who the check is made payable to 

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Checking accounts should be used for ...

• daily transactions

• emergency funds.

• short-term goals.

• long-term goals.

Cash can be withdrawn from a checking account using all of the following except a(n)...

• debit card. 
• check. 
• ATM.
• credit card.

Orrin has $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 was just deposited.

This will result in which of the following fees?

• overdraft fees

• service fees

• ATM fees

• over spending fee

This account allows you to withdraw money, pay a bill, or make purchases easily.

• Checking Account
• Savings Account
• Market Money Account
• CD Account

Tags

CCSS.L.1.1J

CCSS.L.2.1F

CCSS.L.8.1C

CCSS.L.K.1D

This is a written request to your bank to take money from your account & pay it to someone else.

• Check
• Telephone Call
• Text
• Email

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5