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Chapter 5 Review

Quiz by Lynn Lambert

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30 questions
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  • Q1
    A bank account from which payments can be ordered by a depositor.
    Money Market
    Money Order
    Checking Account
    Savings Account
    10s
  • Q2
    A bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
    Check Stub
    Deposit Slip
    Bank Reconiliation Form
    Bank Statement
    20s
  • Q3
    An endorsement indicating a new owner of a check.
    Restrictive Endorsement
    Signature Card
    Special Endorsement
    Blank Endorsement
    10s
  • Q4
    A signature or stamp on the back of a check transferring ownership.
    Deposit
    Check Stub
    Endorsement
    Bank Account Number
    20s
  • Q5
    An endorsement consisting only of the endorser's signature.
    Special Endorsement
    Restrictive Endorsement
    Blank Endorsement
    Deposit
    10s
  • Q6
    An endorsement restricting further transfer of a check's ownership.
    Special Endorsement
    Blank Endorsement
    Restrictive Endorsement
    10s
  • Q7
    A report of deposits, withdrawals, and bank balances sent to a depositor by a bank.
    Bank Reconciliation
    Check Register
    Petty Cash Report
    Bank statement
    10s
  • Q8
    A check that cannot be processed because the maker has made it invalid.
    Dishonored
    Canceled
    NSF
    Voided Check
    10s
  • Q9
    A check with a future date on it
    Postdated Check
    10s
  • Q10
    A check which has been paid by the bank.
    Dishonored check
    Canceled Check
    Voided check
    NSF
    10s
  • Q11
    A check that a bank refuses to pay.
    Dishonored Check
    10s
  • Q12
    A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents.
    Money Orders
    Checks
    Electronic funds Transfer
    Debit cards
    20s
  • Q13
    A check dishonored by the bank because of insufficient funds in the account of the maker of the check.
    Voided check
    Blank check
    Cancelled check
    Non-Sufficient funds check
    10s
  • Q14
    An amount of cash kept on hand and used for making small payments.
    Cash on hand
    Petty Cash
    10s
  • Q15
    A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder.
    Money order
    Debit Card
    Check
    Credit card
    10s

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