Banking

Banking

10th Grade

40 Qs

quiz-placeholder

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Banking

Banking

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

CCSS
RI.9-10.4, 4.MD.B.4, RF.3.3B

+7

Standards-aligned

Created by

Nidhi Raval

Used 12+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of check endorsement begins with name "Pay to Marcia Bernas....

blank

restrictive

special/full

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of check endorsement would consist of an individual's signature only.

blank

restrictive

special/full

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cheque that is older that 3 months old is called a stale check.

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The drawer is the person writing cheque

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What type of endorsement is the most secure?

Blank Endorsement

Restrictive Endorsement

Endorsement in Full

Full Endorsement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank is...

a business that keep money for customers and makes loans.

a company that uses your money for bartering.

an organization that holds money and other valuable assets.

a business that borrows money from you.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum of money borrowed for a certain amount of time is called a....

loan

down payment

interest

borrow

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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