Banking terms

Banking terms

6th - 12th Grade

11 Qs

quiz-placeholder

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Banking terms

Banking terms

Assessment

Quiz

Special Education, Education, Life Skills

6th - 12th Grade

Practice Problem

Medium

Created by

Nichole Fritz

Used 27+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Where your money goes when you get paid is a

Savings Account

Checking account

Blank account

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When you pull money from your account you are

withdrawing

dancing

depositing

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is important to keep money in this account for emergencies

Checking account

Transfer account

Savings account

4.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Choose all the reasons checking accounts are different from savings accounts.

Checking accounts are short term

can always access anytime

Can look at checking but not saving

you can put money in or take money out at anytime

5.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Choose all the reasons why a savings account is different from a checking account.

can only pull money from the account a limited number of times month

used for emergencies

long term account

bills come out of it

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To move money from one account to another is a

deposit

transfer

withdraw

overdraft

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To pull too much money from your account is

overdraft

deposit

transfer

withdraw

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