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Banking Concepts Quiz

Authored by Michelle Frideres

Business

12th Grade

Used 1+ times

Banking Concepts Quiz
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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Withdrawn amount exceeding the account balance.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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