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Biztown - Financial Literacy Practice Flashcards | StudBud
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Biztown - Financial Literacy Practice
Biztown - Financial Literacy Practice
20 terms
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StudBud Administration
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353 plays
#JA Biztown
Flashcards
20 cards
F
Practice quiz
P
Host live
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Questions
20
Answers
1
All transactions should be recorded in the check register.
False
True
2
What is the written record of a checking account called?
Transaction Actions
Transaction Recorder
Register
Check Balance Keeper
3
Which is the only method for which you buy now and pay later?
Debit Card
Checks
Cash
Credit Card
4
If there is not enough money in your checking account, the check you write will ______.
Boomerang
Explode
Bounce
Hover
5
Bouncing a check....
sounds like fun.
is not a problem.
is when you write a check for more $ than is your account.
involves paying high fees.
6
What can be considered the "center" of a town's economy?
City Hall
Bank
The Mall
UHI
7
Who is in charge of writing paychecks?
CFO
CEO
8
A paycheck and a personal check are the same thing.
False
True
9
I want to buy lunch, but I don't have any cash w/ me & the restaurant doesn't take checks.
Checking Account
Personal Loan
Debit Card
Online Banking
10
A card that allows the holder to buy goods and services and pay for it later.
Credit Union
Credit Card
Savings Account
Checking Account
11
Which of the following are ways to buy goods and services?
Credit Card
Debit Card
Checks
Cash
12
A card that allows you to electronically and immediately withdraw funds from your account.
ATM Card
Credit Card
Debit Card
Checking Account
13
When you deposit money in the bank, you use a ....
deposit ticket
net deposit
personal loan
speeding ticket
14
You always need to sign your deposit tickets?
True
False
15
How you are paid from your business...
Paycheck
Tokens
Personal Loan
Personal Check
16
What is signing the back of a check called?
Embarassing
Endorsing
Endearing
Emprinting
17
I want cash from my bank, but it is closed. I will use the ATM. Which card do I use?
Christmas Card
Index Card
Credit Card
Debit Card
18
A bank account used to pay bills, write checks, or use debit cards.
Credit Card
Savings Account
Credit Union
Checking Account
19
ATM?
Automatic Texting Machine
Aromatic Tulip Maker
Airplane Tunnel Mission
Automated Teller Machince
20
Lauren inherited a valuable necklace and needs a safe place to keep it.
Online Banking
Save Deposit Box
Credit Card
Personal Loan