JA Biztown Finances

JA Biztown Finances

5th Grade

12 Qs

quiz-placeholder

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JA Biztown Finances

JA Biztown Finances

Assessment

Quiz

Social Studies

5th Grade

Medium

Created by

Stacey (RS)

Used 1+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that allows you easy access to your money through a debit card, atm, or checks is called...

credit union

savings account

checking account

personal loan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All transactions should be recorded in your bank register. True or False

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are credit cards and debit cards different?

they are exactly the same

a credit card is a loan, while a debit card deducts money directly from your checking account

a credit card allows you to purchase gas only

a debit card is a loan, while a credit card deducts money directly from your checking account

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A machine that allows bank customers to deposit or withdraw money without visiting their bank.

ATM (Automated Teller Machine)

Balance

Bank

Business

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The current amount of money in an account.

ATM

Balance

Bank

Business

6.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following are financial institutions? Choose all that apply.

bank

library

credit union

museum

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You can continue to write checks as long as you have checks in your checkbook.

True

False

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