
Banking Concepts Quiz
Authored by Michelle Frideres
Business
12th Grade
Used 1+ times

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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unique identifier for a bank account.
Monthly Fees
Account Number
Direct Deposit
Routing Number
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Comparing bank statement with personal records.
Concede
Reconcile
Acknowledge
Incite
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Direct bank transfer to payees' accounts.
Check
Direct deposit
Overdraft
Electronic Funds Transfer (EFT)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Security feature to prevent card counterfeiting.
Holography
Overdraft
Hologram
Monogram
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Application for managing bank accounts via smartphone.
Mobile Banking App
Check
Smart Chip
Debit Card
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Charge for account maintenance or transactions.
Service Fee
Overdraft
Nsf Fee
Monthly Fees
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Withdrawn amount exceeding the account balance.
Payee
Service Fee
Overdraft
One-time Payment
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