BizTown - Financial Literacy
  • 1. Which of the following is NOT an example of a financial institution?
A) Bank
B) Library
C) Credit Union
D) Savings and Loan
  • 2. When depositing money into an account, it is important to:
A) swipe your credit card
B) include your account number
C) thank the teller
D) sign your deposit slip
  • 3. True or False: You can continue to write checks as long as you have checks in your check book.
A) False
B) True
  • 4. If your checking account balance is $50 and you deposit $20, what is your new balance?
A) $30
B) $70
C) $20
D) $50
Check
  • 5. What is the check # on this check?
A) 4321
B) $147.50
C) October 28, 2004
D) there is no check number
Check
  • 6. Who is this receiving this check for payment?
A) ABC Company
B) school supplies
C) Pat Payee
D) $147.50
deposit slip
  • 7. What is this an example of?
A) Debit Card
B) Bank Statement
C) Check
D) Deposit Slip
check
  • 8. What is this an example of?
A) deposit slip
B) personal check
C) bank statement
D) business check
deposit slip
  • 9. How much cash will the teller give Jane when she makes this deposit?
A) $241.63
B) $25.00
C) $54.13
D) $216.63
deposit slip
  • 10. How much will be deposited into Jane's account?
A) $216.63
B) $241.63
C) $54.13
D) $25.00
  • 11. Who is the person that is responsible for the finances of a business?
A) CFO - Chief Financial Officer
B) Bank Manager
C) Bank Teller
D) CEO - Chief Executive Officer
check
  • 12. Who will endorse this check on the back?
A) the bank teller
B) Calvin Luther Martin
C) the CFO
D) John Doe
  • 13. What is the machine called that is used to withdraw money and is found in shopping centers, convenience stores, and other places outside of financial institutions?
A) Drive Thru Banking
B) ATM (Automated Teller Machine)
C) Online Banking
D) Check Register
  • 14. When should you sign your deposit slip?
A) when you want cash back
B) you should always sign your deposit slip
C) you should never sign your deposit slip
D) when you want to deposit all of the money in your account
  • 15. What is a check that is written for more than the amount of money in a checking account?
A) Deposit
B) Paycheck
C) Interest
D) Bounced Check
register
  • 16. What check number did this person use to buy shoes for Jennifer?
A) 3308
B) 3310
C) $29.80
D) 3309
register
  • 17. How many deposits are shown in this check register?
A) one
B) two
C) four
D) three
register
  • 18. What is this an example of?
A) debit card
B) bank statement
C) check register
D) check
register
  • 19. What was the cost of the visit to the hair salon?
A) $29.80
B) $21.00
C) $514.54
D) $29.00
  • 20. True or False: A debit card allows customers to immediately withdraw funds from their accounts, a credit card is a loan which must be paid back over time.
A) True
B) False
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