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JA Biztown - Financial Literacy Flashcards | StudBud
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JA Biztown - Financial Literacy
JA Biztown - Financial Literacy
20 terms
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StudBud Administration
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#JA Biztown
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
If there is not enough money in your checking account, the check you write will ______.
Boomerang
Explode
Bounce
Hover
2
Which is the only method for which you buy now and pay later?
Cash
Checks
Debit Card
Credit Card
3
I want cash from my bank, but it is closed. I will use the ATM. Which card do I use?
Index Card
Credit Card
Debit Card
Christmas Card
4
A paycheck and a personal check are the same thing.
False
True
5
Who is in charge of writing paychecks?
CFO
CEO
6
Bouncing a check....
is not a problem.
is when you write a check for more $ than is your account.
sounds like fun.
involves paying high fees.
7
Lauren inherited a valuable necklace and needs a safe place to keep it.
Save Deposit Box
Personal Loan
Credit Card
Online Banking
8
ATM?
Automated Teller Machince
Airplane Tunnel Mission
Automatic Texting Machine
Aromatic Tulip Maker
9
All transactions should be recorded in the check register.
True
False
10
A card that allows the holder to buy goods and services and pay for it later.
Credit Union
Savings Account
Credit Card
Checking Account
11
A bank account used to pay bills, write checks, or use debit cards.
Credit Union
Savings Account
Credit Card
Checking Account
12
I want to buy lunch, but I don't have any cash w/ me & the restaurant doesn't take checks.
Checking Account
Online Banking
Debit Card
Personal Loan
13
You always need to sign your deposit tickets?
True
False
14
What is the written record of a checking account called?
Check Balance Keeper
Register
Transaction Actions
Transaction Recorder
15
How you are paid from your business...
Personal Check
Personal Loan
Paycheck
Tokens
16
Which of the following are ways to buy goods and services?
Credit Card
Debit Card
Checks
Cash
17
What can be considered the "center" of a town's economy?
Bank
City Hall
The Mall
UHI
18
When you deposit money in the bank, you use a ....
speeding ticket
personal loan
deposit ticket
net deposit
19
What is signing the back of a check called?
Endorsing
Embarassing
Emprinting
Endearing
20
A card that allows you to electronically and immediately withdraw funds from your account.
Checking Account
Credit Card
Debit Card
ATM Card