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Checking Account

Quiz by Allison Nething

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15 questions
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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

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