Ch.15 Vocabulary
Authored by Cynthia Perez
Computers
9th Grade
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Banknote is:
A type of currency issued by a bank
A type of coin used in vending machines
A digital currency used online
A form of credit card
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A check is:
A written order to pay a specific amount of money
A type of bank account
A financial statement
A loan agreement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Checking Account is:
A type of savings account
A type of bank account that allows easy access to funds
A loan provided by the bank
An investment account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Credit Card is a financial tool that allows you to:
Borrow money up to a certain limit to pay for goods and services
Deposit money to earn interest
Transfer money between bank accounts
Store cash securely
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Credit Union is a:
banking institution owned by its members
government financial agency
private investment firm
for profit commercial bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Debit Card is:
a type of credit card
a card that allows you to spend money directly from your bank account
a card used for online shopping only
a card that earns you rewards points
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A deposit is:
a type of loan.
a sum of money placed in a bank account.
an insurance policy.
a financial penalty.
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