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Rules of Banking Part 2

Authored by Sequilla Garrett

Other

9th Grade

Used 6+ times

Rules of Banking Part 2
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a fee charged when your account falls below$0.

Overdraft fee

Maintenance fee

ATM fee

Account closure fee

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the fee charged for access and usability of an account.

Account closure fee

ATM fee

Emergency fund

Monthly service fee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You must give a new gaming or content creation APP that you download authority over your accounts.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What tool can Legend utilize if he is worried about his account balance going below $0?

Avoid using his card

Use money he does not have

Switch bank accounts

Set up an alert to notify him

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following may NOT incur a fee from a bank?

Overdrafting

Paper statements

Opening an account

Monthly service fee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a fee charged for opening and closing an account within a certain time frame.

ATM fee

Account closure fee

Account maintenance fee

Monthly service fee

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This s a term used to define a set of money for emergencies.

Corona Cushion

Paper Statement Fee

Emergency Fund

Monthly service fee

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