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9th - 12th Grade

8 Qs

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Assessment

Quiz

Life Skills, Other

9th - 12th Grade

Easy

Created by

Arvee Gionne Tumong

Used 1+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bank pays you money for keeping your money in savings accounts.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in getting a savings account?

Saving your money

Ask a friend

Picking a bank

Ask your teacher

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you fill out at the bank when you make a deposit?

Slip

Checking Account

Savings Account

Deposit Slip

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A withdrawl slip needs to be filled out if you are depositing money into your account.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A list of all transactions for a bank account over a set period, usually monthly.

Checking Account

Savings Account

Check Register

Bank Statement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A record of transactions to a checking account kept by you the bank patron.

Investment Account

Check Register

Debit Card

Bank Statement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum of money placed or kept in a bank account, usually to gain interest.

Withdrawal

ATM

Transaction

Deposit

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A transaction that involves taking money out of your bank account.

Invest

Deposit

Withdrawal

Savings Account