NGPF Banking 1 Vocab Quiz Game

NGPF Banking 1 Vocab Quiz Game

12th Grade

22 Qs

quiz-placeholder

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NGPF Banking 1 Vocab Quiz Game

NGPF Banking 1 Vocab Quiz Game

Assessment

Quiz

Other

12th Grade

Medium

Created by

Roy Kim

Used 3+ times

FREE Resource

22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is an ATM?

Automatic Teller Machine

Automated Transaction Machine

  1. Automated Teller Mechanism

Automatic Transaction Mechanism

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What does 'balance' refer to in banking?

The number of checks written

The amount of money you have in your bank account

The total number of transactions

The interest earned on a deposit

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is a bank statement?

A document showing your credit score

  1. A monthly document showing all transactions related to your account

A certificate of deposit details

A check that has been canceled

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is a certificate of deposit?

A credit card with a fixed limit

A bank product earning interest on an untouched lump-sum deposit

A loan taken out against savings

  1. A type of checking account

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is a canceled check?

A check that has been paid or cleared by the bank

A check that was never deposited

A voided check

  1. A check used to open an account

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is a check?

A receipt for a cash payment

A written, dated, and signed order to the bank to pay a definite sum of money to a payee

An account balance update

  1. A check used to open an accountA list of all bank transactions

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  1. What is a checkbook?

A portfolio holding your check register, checks, deposit slips, receipts, and ATM/debit card transaction records

A book listing all bank branches

  1. A collection of canceled checks

  1. A guide to writing checks

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