Checks and Registry Vocab Quiz

What is a checking account?

• A bank account used to save money

• A bank account used to write checks for payment

• A table to record checks and other debits

• A piece of paper used to pay money directly

What is an overdraft fee?

• A monetary fine for withdrawing more money than an account holds

• A withdrawal from, or a deposit into a bank account

• Comparing two records of an account in an effort to match them

• Money paid from an employer deposited into an account without the need for a check

What does it mean to reconcile?

• To get or receive something brought upon yourself

• Withdrawing more money from an account than it holds

• When money has been successfully withdrawn from a bank account

• Comparing two records of an account in an effort to match them

What is a voided check?

• A bank account used to write checks for payment

• A check with a manually-written 'VOID' used to communicate bank account information only, without payment

• A table to record checks and other debits from a checking account

• A piece of paper used to pay money directly from a checking account

What is a direct deposit?

• A bank account used to save money

• A withdrawal from, or a deposit into a bank account

• Money paid from an employer deposited into an account without the need for a check

• A monetary fine for withdrawing more money than an account holds

What is a savings account?

• A bank account used to write checks for payment

• A bank account used to save money

• A table to record checks and other debits from a checking account

• A piece of paper used to pay money directly from a checking account

What is a register?

• A bank account used to write checks for payment

• A table to record checks and other debits from a checking account

• A bank account used to save money

• A piece of paper used to pay money directly from a checking account

What does it mean to incur?

• To get or receive something brought upon yourself

• Withdrawing more money from an account than it holds

• When money has been successfully withdrawn from a bank account

• Comparing two records of an account in an effort to match them

What is an overdraw?

• A bank account used to write checks for payment

• A withdrawal from, or a deposit into a bank account

• Withdrawing more money from an account than it holds

• A piece of paper used to pay money directly from a checking account

What is a transaction?

• A bank account used to save money

• A withdrawal from, or a deposit into a bank account

• A table to record checks and other debits from a checking account

• A piece of paper used to pay money directly from a checking account