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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
pay by money order.
B
mail cash
C
keep good records
D
pay a bill in person
2) Your personalized checks show
A
your name, age, and address.
B
your name, age, and place of birth.
C
the date, amount, and type of transaction.
D
your name, address, and account number.
3) The amount of each check must be written in
A
words only
B
you don't have to write the amount
C
numbers only
D
numbers and words
4) A bounced check is sometimes called
A
a personalized check
B
a registered check
C
an overdrawn or bad check
D
a good check
5) To cover every type of payment you make, you need to have
A
no money in your checking account
B
a folder to store your checkbook
C
enough money in your checking account
D
a place to hide your checks
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
$500
B
$300
C
$200
D
$100
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
$150
D
$250
8) Using a debit card is one kind of banking
A
transaction
B
deposit
C
fee
D
fine
9) If you fail to keep track of the money in your account, you could end up paying costly bank
A
deposits
B
fee
C
transaction
D
fines
10) If you write a check or set up an online payment for more money than you have, you will ____________ your account.
A
deposit
B
underdraw
C
overdraw
D
withdraw
*select an answer for all questions
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