Review for Test: Financial Literacy

What is a bank account that customers use for daily financial transactions?

• withdrawal

• checking account

• debit card

• deposit

What is a plastic payment card linked to a financial institution's account for transactions?

• withdrawal

• checking account

• debit card

• deposit

What is money added to an account?

• withdrawal

• checking account

• debit card

• deposit

Tags

CCSS.4.OA.A.3

What is money taken out of an account?

• withdrawal

• checking account

• debit card

• deposit

Tags

CCSS.3.OA.D.9

What is moving money from one account to another?

• credit

• credit report

• transfer

• balance

What is the amount of money in an account after each transaction?

• credit

• credit report

• transfer

• balance

Tags

CCSS.7.NS.A.1A

What is the ability to obtain money, property, or services with the promise to repay?

• credit

• credit report

• transfer

• balance

What is the summary of a person's financial history that includes personal information, financial information, and employment information?

• credit

• credit report

• transfer

• balance

What is a numerical score based on credit history?

• scholarship

• grant

• credit score

• revenue

Tags

CCSS.7.RP.A.3

What is money given to students on the basis of achievement?

• scholarship

• grant

• credit score

• revenue

Tags

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5