Test No. 4_Consumer Math

What do you call a card with name, address and authorized signature of the account holder?

• credit card

• debit card

• signature card

• atm card

It is a paper that you fill out when you put money into your account.

• savings slip

• deposit slip

• withdrawal slip

• pass slip

It is a slip of paper that you fill out when you take money out of your account.

• savings slip

• deposit slip

• withdrawal slip

• pass slip

It is a bank form usually sent each month to the account holder, listing all the transactions and the account balance.

• check balance

• bank statement

• check register

• bank balance

It is a booklet used to keep track when a check is written or a deposit or withdrawal is made from an account,

• check booklet

• check book

• check register

• check registrar

It is a term used to refuse to pay a check written for more money than the amount in an account.

• back up

• bounce

• bear

• bid

To __________ means to compare the information in a check register to bank statement and correct any mistakes.

Which of the following is NOT a method to withdraw money from your account.

• write a check

• use an ATM

• fill out a signature card

• write a withdrawal slip

True or False: A credit card and debit card work the same way.

• True

• False

What do you call a check that has not been cashed?

• cancelled check

• outstanding check

• balance check

• bounced check