Financial Literacy JA Biztown

Question 1

What is a written record of money put into your checking account

Accepted Answer

deposit ticket

Question 2

True or False: Income is the money people earn for their work

Accepted Answer

True

Question 3

What is a net deposit?

Accepted Answer

amount of money placed into an account after deductions

Question 4

Which is NOT a reason to go to the bank?

Accepted Answer

Get your license renewed

Question 5

Bank term that means an agreement or exchange

Accepted Answer

transaction

Question 6

Money you get back when you make a deposit

Accepted Answer

less cash received

Question 7

What is it called when you sign your name on the back of a check?

Accepted Answer

endorsing it

Question 8

A business that provides money related services

Accepted Answer

Financial Institutions (bank)

Question 9

What offers the same services as a bank but is owned by its members?

Accepted Answer

credit union

Question 10

Booklets for recording the amount of money from a checking account

Accepted Answer

check register

Question 11

What is the center of a town's economy?

Accepted Answer

bank

Question 12

The system that guides how money is earned and used in a society?

Accepted Answer

economy

Question 13

What is the main source of income?

Accepted Answer

paycheck

Question 14

What is Miss Sturdivant's jeeps name?

Accepted Answer

Brody

Question 15

Card that allows customers to electronically and immediately withdraw funds from their account

Accepted Answer

debit card

Questions 15