stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Unit - Checking Account Flashcards | StudBud
Explore
/
Financial Literacy Unit - Checking Account
Financial Literacy Unit - Checking Account
16 terms
·
StudBud Administration
·
49 plays
How to manage a checking account.
Flashcards
16 cards
F
Practice quiz
P
Host live
L
Questions
16
Answers
1
It's not important to keep track of how much money you have.
False
True
2
What must be on every check?
The temperature
The color blue
The time of day
Your signature
3
When you write a check to pay a bill, it is a deposit in your check register.
True
False
4
To deposit a check into your bank account, you need to fill-out a
Endorsement
Deposit Ticket
Speeding Ticket
Request for money
5
You should always endorse your own check before you give it to someone.
False
True
6
If you don't have a checking account, you can cash a check at Walmart for a fee.
True
False
7
Your signature on back of a check is an endorsement.
True
False
8
You have $32.18 in your account. You deposit $40 and then $30. Your new balance is...
$72.18
$102.18
$70
$62.18
9
Another word for endorsement is signature.
False
True
10
You have $17.93 in your account. Which check can you NOT write...
$15
$17
$18
$16
11
You have $90.43 in your account and you make a deposit. Your account balance will...
Not enough information is given
Go down
Stay the same
Go up
12
You have $100 in your account and write a check for $70. Your new balance is...
$70
$170
$100
$30
13
What do you use to keep track of the checks, deposits and withdrawals you make?
Your friend
Check Register
Your fingers
Nothing
14
When you take a check to the bank, you can deposit the whole amount or take cash.
False
True
15
A check is just a piece of paper until it's cashed.
True
False
16
There are three types of check endorsements, blank, special and
Your friends signature
Your signature
For Deposit Only
Specialty