Checking Account
Quiz by Allison Nething
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- Q1
A check is a ..... form of payment.
Plastic
Paper
Fake
20s - Q2
Which section is found on a paper check?
Payee
Time of Purchase
Account Balance
20s - Q3
Which section is NOT found on a paper check?
Signature
Cashier's Name
Amount Due
20s - Q4
Money that goes into an account is called...
Credit
Withdraw
Deposit
20s - Q5
Money that comes out of an account.
Withdraw
Credit
Deposit
20s - Q6
How many times do you have to write the amount of money you are paying out on the check?
2 times
1 time
20s - Q7
An ATM can give you money from your checking account.
False
True
20s - Q8
Can an ATM deposit a paycheck into your checking account?
Yes
No
20s - Q9
Debit cards are linked to your checking account.
Yes
No
20s - Q10
What is the purpose of a check register?
Show organization skills
Record Transactions (payments)
20s - Q11
The person you are writing a check to is called the ...
Memo
Payee
Payer
20s - Q12
Online banking can help you pay your bills online from your checking account.
True
False
20s - Q13
A checking and a savings account are the same thing.
True
False
20s - Q14
Your signature should be written in cursive.
False
True
20s - Q15
After you write a check you don't need to complete the check register.
False
True
20s