Mastering Checks and Deposits Quiz

What is the first step in writing a check?

• Sign the check

• Write the date

• Fill in the amount in words

• Write the payee's name

Which of the following is NOT a component of a check?

• Payee line

• Memo line

• Deposit slip

• Signature line

• $250

• $300

• $350

• $400

What information is recorded in the check register after writing a check?

• Date, check number, payee, and amount

• Only the amount

• Only the payee

• Only the date

Which part of the check indicates the purpose of the payment?

• Payee line

• Memo line

• Date line

• Amount line

What is the purpose of the signature line on a check?

• To write the payee's name

• To authorize the payment

• To record the date

• To write the amount in words

• $425

• $475

• $525

• $575

Which of the following is a simple procedure for calculating a deposit?

• Subtract the total amount of checks from the total amount of coins

• Add the total amount of coins, currency, and checks

• Multiply the total amount of currency by the number of checks

• Divide the total amount of checks by the number of coins

What should you do if you make a mistake while writing a check?

• Erase the mistake

• Use white-out to cover the mistake

• Write "VOID" on the check and start a new one

• Cross out the mistake and write the correct information above it

Which of the following is the correct way to write $150.75 in words on a check?

• One hundred fifty dollars and seventy-five cents

• One hundred fifty and seventy-five cents

• One hundred fifty dollars and seventy-five

• One hundred fifty point seventy-five dollars