Debit or Credit

Debit or Credit

12th Grade

46 Qs

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Debit or Credit

Debit or Credit

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Carissa Mendoza

Used 10+ times

FREE Resource

46 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

a PIN is required to withdraw money from an ATM

Debit

Credit

Both

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

allows the consumer to borrow money

Debit

Credit

Both

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

You should track your spending in case there is unauthorized use.

Debit

Credit

Both

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

owner’s name is printed on front of the card

Debit

Credit

Both

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

You can pay part of the balance now

Debit

Credit

Both

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

plastic card with a magnetic strip

Debit

Credit

Both

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

You can pay back purchases at a later date.

Debit

Credit

Both

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