To write checks for more money than you have

Is a business that checks your credit history

Monthly payments to cover a house loan

Money paid by a bank to use your money

Amount of money in your account

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Money Management

21 termsStudBud Administration96 plays

Quiz for lower level students covering banking and investing.

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Questions 21

Answers

1
____________ is the most you can charge on an account.
credit rating
charge
credit limit
2
30% means the same as half off.
False
True
3
Overdrawn means
To buy now pay later
To write checks for more money than you have
monthly payement
4
A good shopper compares prices.
False
True
5
A ________ is a plan on how to spend your money.
mortgage
expense
budget
6
Five percent of $100 is
$15
$5
$50
7
Annual means
Once a year
A part of a hundred
To find an answer using math
8
You need to endorse the back of a check to cash it.
True
False
9
Precent means
A part of a hundred
To lower a price
To find an answer using math
10
If you owe more money than you have, you are in ____________.
debt
balance
mortgage
11
A Credit Bureau
Is a business that checks your credit history
Is to buy now and pay later
Amount of money in your account
12
What is written next to the memo line on a check?
nothing
amount of check
reason for check
13
A Mortgage is
To buy now and pay later
A business that checks your credit history
Monthly payments to cover a house loan
14
The bank sends you monthly statements about your account.
True
False
15
Charge means to
to buy now and pay later
write a check
Make monthly payments to cover house loan
16
Calculate means
To lower a price by a certain amount
A part of a hundred
To find an answer using math
17
Discount means
To find an answer using math
To lower a price
Once a year
18
Interest is
To lower a price
To find an answer using math
Money paid by a bank to use your money
19
Balance means
Amount of money in your account
To buy now and pay later
A business that checks your credit history
20
The word that means the same as worth is
invest
value
share
21
Paying your bills late will not affect your credit rating.
False
True

Money Management Flashcards | StudBud