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CMS JA Biztown - Financial Literacy Flashcards | StudBud
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CMS JA Biztown - Financial Literacy
CMS JA Biztown - Financial Literacy
25 terms
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#JA Biztown
Flashcards
25 cards
F
Practice quiz
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Questions
25
Answers
1
A card that allows you to electronically and immediately withdraw funds from your account.
ATM Card
Credit Card
Checking Account
Debit Card
2
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.
3
This is an investment that earns interest if money is left for a specific period of time.
Certificate of Deposit - CD
Chief Financial Officer - CFO
Automated Teller Machine - ATM
Personal Identification Number - PIN
4
Amount of money an employee receives after taxes and other deductions are taken from paycheck.
Cash
Deposit
Gross Pay
Net Pay
5
I want to buy lunch, but I don't have any cash w/ me & the restaurant doesn't take checks.
Personal Loan
Checking Account
Debit Card
Online Banking
6
How you are paid from your business...
Personal Loan
Paycheck
Personal Check
Tokens
7
If there is not enough money in your checking account, the check you write will ______.
Bounce
Boomerang
Explode
Hover
8
Which answer below is not a service a banking institution might offer?
Loans
Savings
Applications
Checking
9
A bank account used to pay bills, write checks, or use debit cards.
Checking Account
Credit Card
Savings Account
Credit Union
10
A card that allows the holder to buy goods and services and pay for it later.
Checking Account
Credit Card
Savings Account
Credit Union
11
Which is the only method for which you buy now and pay later?
Credit Card
Debit Card
Cash
Checks
12
The amount of money earned by an employee before taxes and other deductions.
Opportunity Pay
Gross Pay
Net Pay
Interest Pay
13
A paycheck and a personal check are the same thing.
False
True
14
When you deposit money in the bank, you use a ....
speeding ticket
net deposit
personal loan
deposit ticket
15
You want to buy a car. What service might you offer by a bank for in this situation?
Gift Card
Human Resources
Personal Loan
Prepaid Card
16
Who is in charge of writing paychecks?
CEO
CFO
17
Which of the following are ways to buy goods and services?
Debit Card
Checks
Cash
Credit Card
18
What can be considered the "center" of a town's economy?
The Mall
UHI
City Hall
Bank
19
What is signing the back of a check called?
Emprinting
Endearing
Endorsing
Embarassing
20
Lauren inherited a valuable necklace and needs a safe place to keep it.
Credit Card
Personal Loan
Save Deposit Box
Online Banking
21
I want cash from my bank, but it is closed. I will use the ATM. Which card do I use?
Christmas Card
Debit Card
Credit Card
Index Card
22
What is the written record of a checking account called?
Transaction Actions
Check Balance Keeper
Register
Transaction Recorder
23
ATM?
Airplane Tunnel Mission
Automatic Texting Machine
Automated Teller Machince
Aromatic Tulip Maker
24
You always need to sign your deposit tickets?
True
False
25
All transactions should be recorded in the check register.
True
False