What should you write in the red box?

The person/company you are writing the check to.

What happens if you make a mistake on a check?

Fix your mistake, then sign your initials.

What are checks used for?

Paying for things that you purchase

What happens if you sign a blank check?

It can be cashed for any amount

What should be written in the blue box?

The amount of the check in written form.

How would you write the amount of the check in word form?

Eight hundred seventy - nine and 45/100

What goes in the pink box?

What you paid for so you have a record.

The last thing you should do when writing a check is...

Sign your name at the bottom right-hand corner.

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The Check Writing Process

20 termsStudBud Administration6,000 plays

#Financial Literacy, # Math, #Checks

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Questions 20

Answers

1
What should you write in the red box?
The person/company you are writing the check to.
The amount of the check in written form.
Whatever SpongeBob SqarePaints tells you to.
The person that owes you money.
2
What does the purple box consist of?
Name and Social Security Number
Name and Address
Your secret identity
Address and Social Security Number
3
Can you get in trouble for writing checks without having the correct amount of money?
No, there is a grace period.
Yes, banks can charge extra fees.
No, everyone does it.
Yes, it's a federal offense.
4
When you use a Debit Card, the money comes from:
The cookie jar.
Your available Credit.
A wallet left unattended.
Your Checking Account.
5
What happens if you make a mistake on a check?
Shred the check.
Scribble/Blot out your mistake with a sharpie.
Fix your mistake, then sign your initials.
Burn the check, then burn it some more..
6
How many times does the check number appear on a check?
Three
Four
Two
One
7
True or False: I can pay for gas with a check.
True
False
8
What are checks used for?
Paying for things that you purchase
Showing ID
Writing an IOU for money you don't have yet
Proof of owning an account?
9
What happens if you sign a blank check?
Nothing
You cannot cash it
It can be cashed for any amount
It becomes VOID
10
How many lines are there on a check that need to be filled out for it to be legal tender?
5
7
1
3
11
What should be written in the blue box?
Your football number.
The name of your bank.
How much you spend during wing night in numerical form.
The amount of the check in written form.
12
True or False: If I have checks, that means I always have money.
True
False
13
True or False: It is cheaper to buy checks online through a third party.
True
False
14
How would you write the amount of the check in word form?
Eight hundred seventy - nine and 45/100
Eight - hundred seventy nine and 45/100
Eight hundred and seventy - nine and 45/100
Eight
15
How do you void a check?
Write VOID across the check.
Don't sign your name.
Throw it in the garbage.
Write the wrong amount.
16
True of False: When writing a check you should always round up or estimate the amount.
False
True
17
A person has how many days to cash a check?
5 months
6 months
90
30
18
What goes in the pink box?
What you paid for so you have a record.
The person/company you are writing the check to.
The cashiers phone number.
How much the check is worth in written form.
19
The last thing you should do when writing a check is...
Check to make sure you did not get any paper cuts.
Complete the memo portion.
Sign your name at the bottom left-hand corner.
Sign your name at the bottom right-hand corner.
20
What goes inside the green box?
Whatever floats your boat.
How much you owe.
The amount of money in your bank account.
The date.

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