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Checking Account
Test Description: Material from glencoe.com
Instructions: Answer all questions to get your test result.
1) Shannon makes a deposit in her checking acount. She has checks for $178.16 and $36.00. She gets back $20.00 in cash. What is her total deposit?
A
$194.16
B
$214.16
C
$234.16
D
$198.16
2) Which of the following is the correct way to write the amount $73.78 on a check?
A
seventy-three dollars and 78/100
B
seventy-three and seventy-eight
C
seventy-three and 78/100 dollars
D
seventy-three dollars and 78/100 cents
3) The previous balance in your check register is $234.67. You make a deposit of $150.00. You write a check for $63.23. What is your new balance?
A
$321.44
B
$21.44
C
$147.90
D
$447.90
4) Your statement balance is $433.97. You have an outstanding check for $46.78 and an outstanding deposit for $235.00. What is your adjusted balance?
A
$245.75
B
$387.19
C
$668.97
D
$622.19
5) Your bank statement shows a previous balance of $354.12. You make deposits of $123.98 and $312.76. You write checks for $45.17 and $154.32. You had a $4.00 service charge and earn $0.18 interest. What is your present balance?
A
$790.86
B
$987.53
C
$590.37
D
$586.55
6) Drew Lawson uses online banking to pay his bills. The bank charges $6.95 a month to use this service, $0.50 for each bill paid, $4.00 for a printed statement, and a cash advance fee of 2 percent of the cash advance amount. Drew paid 4 bills, reques
A
$12.95
B
$17.45
C
$11.45
D
$18.95
7) Frank Shoemaker makes a deposit in his checking account. He has checks for $56.23, $158.97, and $218.64. Frank gets back $25.00 in cash. What is his total deposit?
A
$458.94
B
$408.84
C
$383.84
D
$433.84
8) The previous balance in your check register is $509.62. You make a deposit of $259.84. You write a check for $148.00. What is your new balance?
A
$916.46
B
$100.78
C
$620.46
D
$396.78
9) Your bank statement shows a previous balance of $218.54. You make deposits of $311.25 and $250.00. You write checks for $95.00 and $267.48. What is your present balance?
A
$417.31
B
$198.77
C
$19.77
D
$1,142.27
10) Your statement balance is $200.36. You have an outstanding check for $112.56 and an outstanding deposit for $68.34. What is your adjusted balance?
A
$381.26
B
$156.14
C
$19.46
D
$244.58
*select an answer for all questions
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