Transaction Types

Transaction Types

8th Grade

9 Qs

quiz-placeholder

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Transaction Types

Transaction Types

Assessment

Quiz

Specialty

8th Grade

Hard

Created by

Kelly Brutlag

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your sister goes to an ATM and withdraws money from her checking account.

Debit Card

Credit Card

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Last month Eric used a card to purchase a new computer from a popular electronics store. When the bill arrived he realized he only had enough to make the minimum payment.

Debit Card

Credit Card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jenna used her card to purchase a present for her friend's birthday. When she received her monthly statement it was $15 more than she anticipated. She then realized that the card's annual fee was added to her balance.

Debit Card

Credit Card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You're out grocery shopping with your grandma. When paying for groceries the cashier asks her to enter her PIN number in the kiosk.

Debit Card

Credit Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your mom returned a pair of pants she purchased that were the wrong size. A few days later she checks her online bank statement to see if the money had been returned to her checking account.

Debit Card

Credit Card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your parents have made you an authorized user on their account and have given you a card to use to get your back to school supplies.

Debit Card

Credit Card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The family car was in need of a few repairs. Your dad pays for the repairs with a card and says "We don't have enough to cover the costs right now. I will have to put this on my card and pay the bill when I get paid."

Debit Card

Credit Card

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lynda gets an alert through her mobile banking app notifying her that the latest purchase she made has caused her account to go into the negative. The fee for over drafting her account is $35.

Debit Card

Credit Card

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cameron has been putting his allowance into a checking account that his aunt opened for him. He decides to use some of the money to buy a concert ticket online.

Debit Card

Credit Card