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Mrs. Stauffer's Unit 2 BizTown Vocabulary

Quiz by Heather Stauffer

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32 questions
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  • Q1
    What is a business that provides money related services?
    financial situation
    financial investigation
    financial creation
    financial institution
    10s
  • Q2
    What is a business that provides financial services that are backed up by the government?
    bank
    credit union
    city hall
    distribution center
    10s
  • Q3
    What is an amount of money borrowed by someone that must be repaid, usually with interest?
    credit
    deposit
    payment
    loan
    10s
  • Q4
    A card that allows you to spend only the amount that was pre-deposited into an account.
    gift card
    credit card
    prepaid card
    debit card
    10s
  • Q5
    a financial institution that is owned by its members
    credit union
    bank
    CFO
    financial institution
    10s
  • Q6
    an account that is used to pay bills and access funds through checks or a debit card
    checking account
    financial institution
    savings account
    credit union
    10s
  • Q7
    an account that usually earns interest and is often used to hold money that is not needed right away
    financial institution
    savings account
    checking account
    transaction
    10s
  • Q8
    a card that allows people to purchase things using a bank loan
    gift card
    credit card
    prepaid card
    debit card
    10s
  • Q9
    a card that allows customers to immediately and electronically withdrawl money from their checking account at a store or through an atm
    prepaid card
    debit card
    credit card
    gift card
    10s
  • Q10
    a percentage of money received for saving money or charged for borrowing money
    transaction
    interest
    endorse
    income
    10s
  • Q11
    a business agreement or exchange (payment, withdrawl)
    transaction
    accrue
    interest
    income
    10s
  • Q12
    the chief financial officer who is reponsible for a businesses finances
    CDO
    CEO
    CFO
    Boss
    10s
  • Q13
    the money people earn for the work
    interest
    check
    credit card
    income
    10s
  • Q14
    to write a signature on the back of a check
    loan
    transaction
    interest
    endorse
    10s
  • Q15
    a written order to a bank to pay a certain amount of money from a checking account to another person or business
    endorse
    credit card
    interest
    check
    10s

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