Banking Review

Banking Review

7th - 12th Grade

17 Qs

quiz-placeholder

Similar activities

Money Life Skills

Money Life Skills

1st - 12th Grade

20 Qs

Credit Basics

Credit Basics

10th Grade

17 Qs

Checking Accounts Review

Checking Accounts Review

9th Grade

18 Qs

Consumerism

Consumerism

9th - 12th Grade

15 Qs

Bank and Finance Vocabulary

Bank and Finance Vocabulary

7th - 8th Grade

20 Qs

Finance Knowledge

Finance Knowledge

7th Grade

20 Qs

Checking, Online Banking, P2P

Checking, Online Banking, P2P

10th - 12th Grade

20 Qs

Banking Review

Banking Review

Assessment

Quiz

Life Skills

7th - 12th Grade

Medium

Created by

Jennifer Flores

Used 14+ times

FREE Resource

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a bank?

A business where you can shop

An institution that prints money

A financial institution that protects your money until you need it

A container for money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of having a checking account?

You have a permanent record of transactions

You can earn interest on your money

You don't have to carry large sums of cash

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a savings account?

An account that lets you shop without cash

An account that gives you money to buy what you want

An account that keeps your money safe and earns money for you

An account that buys from the stock market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you open a bank account?

Call to tell the bank you want an account

Fill out an application

Mail your money to a bank

Fill out a withdrawal slip

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for putting money into an account?

Investment

Interest

Deposit

Withdrawal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for any activity on a checking or savings account?

Credit

Transaction

Account

Register

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a reason for the bank to file a service charge?

Too little money

Too many transactions

Overdrawing your account

All of the above

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?