
Bank Accounts and Identification
Authored by Priscilla McGreer
Life Skills
7th Grade
Used 1+ times

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11 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What problem do Jamal and Michelle face in the dialogue?
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2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the bank put a five-day hold on all personal checks?
To verify the authenticity of the check
To earn interest on the money
To delay the payment process
To comply with government regulations
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What type of account is Jamal considering opening?
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OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What commission percentage does the bank take for cashing checks?
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OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a checking account used for?
To deposit money at a bank
To withdraw money from an ATM
To earn high interest
To open a credit line
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A savings account is an account you have for the purpose of ________ money over a period of time.
saving
spending
borrowing
losing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What must both parties do to be put on an account?
Sign a contract
Provide identification
Agree to terms and conditions
Submit a joint application
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