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Financial Literacy Checking Account Flashcards | StudBud
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Financial Literacy Checking Account
Financial Literacy Checking Account
11 terms
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StudBud Administration
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149 plays
How to manage a checking account.
Flashcards
11 cards
F
Practice quiz
P
Host live
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Questions
11
Answers
1
Your signature on back of a check is an endorsement.
True
False
2
You should always endorse your own check before you give it to someone.
False
True
3
A check is just a piece of paper until it's cashed.
True
False
4
If you don't have a checking account, you can cash a check at Walmart for a fee.
True
False
5
When you write a check to pay a bill, it is a deposit in your check register.
True
False
6
There are three types of check endorsements, blank, special and
Your friends signature
For Deposit Only
Specialty
Your signature
7
Another word for endorsement is signature.
False
True
8
What do you use to keep track of the checks, deposits and withdrawals you make?
Your fingers
Check Register
Nothing
Your friend
9
When you take a check to the bank, you can deposit the whole amount or take cash.
False
True
10
To deposit a check into your bank account, you need to fill-out a
Request for money
Speeding Ticket
Deposit Ticket
Endorsement
11
It's not important to keep track of how much money you have.
False
True