CFM Credit Cards and Review

CFM Credit Cards and Review

9th - 12th Grade

27 Qs

quiz-placeholder

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CFM Credit Cards and Review

CFM Credit Cards and Review

Assessment

Quiz

Financial Education

9th - 12th Grade

Practice Problem

Easy

Created by

Stacy Crowley

Used 1+ times

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The amount left over from your paycheck after taxes and deductions are withheld is called ___________.

balance

gross balance

transaction

net pay

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You can continue to write checks as long as you have checks in your checkbook.

True

False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Credit cards and debit cards are essentially the same thing.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A card that allows the holder to buy goods and services by taking out a bank loan.

Checking account

Credit card

Debit card

Savings account

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Putting money into an account.

deposit

withdrawal

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Removing money from an account.

deposit

withdrawal

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Debit card purchases are “buy now, pay now” so you must have enough money in your account to cover your purchase.

True

False

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