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Personal Finance Review

Quiz by Jessica Smith

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21 questions
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  • Q1
    A machine that allows bank customers to deposit or withdraw money: automated teller machine.
    ATM
    30s
  • Q2
    The current amount of money in an account.
    Balance
    30s
  • Q3
    A business that offers money-related services to its customers, including loans and checking and savings accounts.
    Bank
    30s
  • Q4
    A written order to a bank to pay a certain amount of money from a checking account to another person or business.
    Check
    30s
  • Q5
    A bank account used to pay bills and access funds using checks and debit cards.
    Checking Account
    30s
  • Q6
    A card that allows the holder to buy goods and services without having money. Usually one pays a very high interest rate if not paid quickly.
    Credit Card
    30s
  • Q7
    A financial institution owned by its members that provides many of the same services as a bank.
    Credit Union
    30s
  • Q8
    A card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services.
    Debit Card
    30s
  • Q9
    A system that a country uses to guide how money is earned and used in society in the exchange of goods and services.
    Economy
    30s
  • Q10
    Any business that provides money-related services.
    Financial Institution
    30s
  • Q11
    Money borrowed that must be repaid, usually with interest.
    Loan
    30s
  • Q12
    A service that allows customers to perform banking activities using the internet and is easily accessible from any phone or computer.
    Online Banking
    30s
  • Q13
    An account that usually earns interest and is often used to hold money that is not needed right away.
    Savings Account
    30s
  • Q14
    Any business agreement or exchange of money for a good or service.
    Transaction
    30s
  • Q15
    The chief financial officer is responsible for a business's finances. This person writes all paychecks to its employees.
    CFO
    30s

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