Banking Concepts Quiz

What is a bank statement?

• A set of papers listing all cleared transactions for your checking account each month

• A document showing your credit score

• A receipt for a single transaction

• A summary of your loan payments

What is a service charge?

• A fee charged by the bank for servicing your account

• A penalty for late payments

• A reward for maintaining a high balance

• A tax on your savings

How many deposits are listed on the bank statement?

• 2

• 3

• 4

• 5

What is the amount of the check dated 6/11?

• $54.12

• $102.33

• $400.00

• $68.09

What is the description for the deposit made on 6/8?

• Store Refund

• Payroll 7015

• Payroll 7002

• Utility Bill 43256

What is the amount of the payment for the utility bill?

• $68.09

• $98.91

• $102.33

• $54.12

What is the total amount of checks written?

• $54.12

• $102.33

• $400.00

• $556.45

What is the description for the deposit made on 6/15?

• Payroll 7002

• Store Refund

• Payroll 7015

• Water Bill 000076

What is the daily balance on 6/1?

• $425.67

• $357.58

• $303.46

• $513.67

How much did Kaiden Cantor write checks for in total?

• $840.52

• $500.00

• $456.23

• $300.00