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Financial Literacy: Checks Flashcards | StudBud

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Financial Literacy: Checks

10 terms·StudBud Administration·94 plays

A #FACS assessment for a unit on #Checks #8thgrade

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Questions 10

Answers

1
You only need to write the check amount in one place.
False
Maybe
True
2
What does endorse mean?
nothing
write the letters
date it
sign it
3
What is at the bottom of the check?
check amount
bank phone number
bank routing number
date
4
What does "Pay to the order of" mean?
the amount in money in expanded form
the payor
when the check can be cashed
the payee
5
Why should you write on the "For" line?
Miss Martinez says so
you shouldn't, it's better to leave it blank
because you aren't allowed to leave any lines empty
to remind yourself why you wrote the check
6
The check amount in numbers has to match what?
the amount in words
the bank routing number
the amount of number of checks written
the amount of the date
7
Where do you sign a check?
on the date
bottom right
at the top
top left
8
It is mandatory for checks to be written in cursive?
true
false
9
Why write a check?
because cash is worth less
it is fun
easier to spend a check than cash
to give money without risk of losing cash
10
What color ink can checks NOT be written in?
Black
Check can be written in any color
Red
Blue