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