
Checking & Banking
Quiz
•
Financial Education
•
12th Grade
•
Practice Problem
•
Medium
Barbara Angelicola-Manzolli
Used 2+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A canceled check is one that has cleared your account
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A check written for more money that your account contains is called an overdraft
True
False
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
It is acceptable to write and sign checks in pencil
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A joint account is opened by two or more people
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FDIC insurance protects the deposits of customers against loss up to $250,000 per account.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is acceptable to do banking on your app or use internet banking on open wifi
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A check written by a bank on its own funds is called a
check.
cashier’s check.
traveler’s check.
money order.
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