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Lesson 2: Checking Account And Check Register
Test Description: Unit 2: Banking Basics
Instructions: Answer all questions to get your test result.
1) It is safeer to mail a check or pay bills online than it is to
A
mail cash
B
keep good records
C
pay a bill in person
D
pay by money order.
2) Your personalized checks show
A
the date, amount, and type of transaction.
B
your name, address, and account number.
C
your name, age, and place of birth.
D
your name, age, and address.
3) The amount of each check must be written in
A
you don't have to write the amount
B
numbers only
C
words only
D
numbers and words
4) A bounced check is sometimes called
A
a personalized check
B
a registered check
C
a good check
D
an overdrawn or bad check
5) To cover every type of payment you make, you need to have
A
a place to hide your checks
B
a folder to store your checkbook
C
no money in your checking account
D
enough money in your checking account
6) Will has $500 dollars in his checking account. He used a check to pay for his rent which was $200 Dollars. How much money does he have left?
A
$100
B
$200
C
$500
D
$300
7) Jerry has $50 dollars in the bank. He deposited $150 in the bank. How much money does he have now?
A
$200
B
$100
C
$250
D
$150
8) Using a debit card is one kind of banking
A
fee
B
deposit
C
fine
D
transaction
9) If you fail to keep track of the money in your account, you could end up paying costly bank
A
transaction
B
deposits
C
fines
D
fee
10) If you write a check or set up an online payment for more money than you have, you will ____________ your account.
A
withdraw
B
underdraw
C
overdraw
D
deposit
*select an answer for all questions
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