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