Comparing Debit and Credit Card Transactions - Starter Quiz
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Q 1/10
Score 0
Sarah has in her checking account. She uses her bank card to buy a video game for . Which statement best describes the balance of her checking account after this transaction?
30
The money is added to her account, leaving a balance of .
The money is immediately deducted, leaving a balance of .
The balance stays at because she will pay for it next month.
The balance becomes because the bank charges a fee for every purchase.
Q 2/10
Score 0
A checking account is a type of bank account that allows you to deposit money and then withdraw it to pay for expenses or bills.
30
true
false
10 questions
Q.
Sarah has in her checking account. She uses her bank card to buy a video game for . Which statement best describes the balance of her checking account after this transaction?
1
30 sec
Q.
A checking account is a type of bank account that allows you to deposit money and then withdraw it to pay for expenses or bills.
2
30 sec
Q.
A person has in their bank account and spends on lunch. What is the remaining balance in the account?
3
30 sec
Q.
Match each financial term with the correct description of how it affects a bank account balance.
4
30 sec
Q.
Imagine you are tracking your spending in a check register. Place the following steps in the correct logical order to calculate your new account balance after making a purchase.
5
30 sec
Q.
Sort each item into the correct category based on how money is managed and moved.
6
30 sec
Q.
Arrange the steps of a typical financial transaction in the chronological order they occur when using personal funds.
7
30 sec
Q.
Unscramble the letters to find the term for the total amount of money currently available in a bank account.
8
30 sec
Q.
Before we learn about different types of payment cards, let's review how we manage money in a bank account. Which of the following statements correctly describe how a checking account works? Select two correct answers.
9
30 sec
Q.
A student has in a checking account and wants to buy a video game that costs . Which statement best describes the relationship between the account balance and the purchase?