Banks usually charge fees for processing overdrafts.

It is a good practice to postdate checks so they can be cashed on a future date.

The payee is the person authorized to write checks on an account.

When writing the numeric amount on a check, raise the cents above the dollars.

When filling in the written amount on a check, use the word and to separate dollar and cent amounts.

It is a good idea to use a pencil when writing checks so you can erase any mistakes.

A check is a negotiable instrument because it promises to pay a sum on a certain date.

To complete a deposit slip, list checks by their preprinted or handwritten check numbers.

Checks written are added to the balance in the checkbook register.

If your name is written incorrectly as payee on a check, endorse the check by first writing your name correctly.

When mailing a deposit to your bank, it is wise to use a restrictive endorsement.

An interest-bearing account pays interest to the depositor when an average minimum monthly balance is maintained.

When you make a mistake in writing a check, you should tear the check up and throw it away.

A check has "bounced" when an overdraft occurs and the check has been returned.

The FDIC is a federal insurance corporation that insures deposits up to $100,000 per account holder.

Checking advertised as "free" must not have hidden charges or conditions.

Money in a joint account is available to only the first person named on the account.

A certified check is a personal check that the bank guarantees or certifies to be good.

If you write only a few checks each month, a standard checking account is the best plan for you.

The advantage of online and telephone banking is that information is up-to-date and can be checked any time.

A financial institution that offers all types of services is called a ____.

Which of the following is not a type of checking account?

A checking account with which you pay a fee for each check processed is a(n) ____.

Which of the following is a disadvantage of an interest-bearing account?

A check written by the bank on its own funds is a(n)____.

An automated teller machine can be used to do which of the following?

Which of the following should NOT be kept in a safe deposit box?

Writing the words "For Deposit Only" on the back of a check before your name constitutes which of the following?

An endorsement in full is also called a ____.

The depositor's record of checking account transactions is known as a ____.

A banking service wherein the customer deposits funds in an account and writes checks to withdraw money.

The process of matching your checkbook register with the bank statement.

Writing a check on insufficient funds and trying to make a deposit before the check is cashed.

Another term for a survivorship account.

A check written with a future date.

The person to whom a check is made payable.

To sign your name on the back of a check.

To sign your name on the back of a check.

The person authorized to write checks on an account.

Dollar bills being deposited to an account.

A check that bears the bank's stamp, indicating it has cleared.