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- 1. Multiple ChoiceOrrin had $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 was just deposited.
This will result in which of the following fees?overdraft feesservice feesatm feesover spending fee - 2. Multiple ChoiceCruz had $672.13 in his checking account, and a check that he wrote to his landlord for $650.00 was just deposited.
This will result in which of the following fees?overdraft feesservice feesatm feesNone of the above - 3. Multiple ChoiceGwen had $463.24 in her checking account, and a check that she wrote to her landlord for $470.00 was just deposited.
This will result in which of the following fees?overdraft feesservice feesatm feesNone of the above - 4. Multiple ChoiceSherwood Bennett, who has a checking account at Big Bucks Bank, is writing a check to Cassie Porter, who has a checking account at Lots a Loot Bank.
What should be written on the "Pay to the order of" line of the check?Big Bucks BankCassie PorterLots a Loot BankSherwood Bennett - 5. Multiple ChoiceJean Bernard, who has a checking account at Treasure Trove Bank, is writing a check to Frank Walton, who has a checking account at Mucho Dinero Bank. What should be written on the "Pay to the order of" line of the check?Frank WaltonJean BernhardMucho DineroTreasure Trove Bank
- 6. Multiple ChoiceJune Russell, who has a checking account at Gravy Train Bank, is writing a check to Stanley Lawrence, who has a checking account at Chunk a Change Bank. What should be written on the "Pay to the order of" line of the check?Chunk a Change BankGravy Train BankJune RussellStanley Lawrence
- 7. Multiple ChoiceAt the beginning of this month, the balance of Vance's checking account was $697.96. So far this month, he has received a paycheck via direct deposit of $962.88, been charged a monthly service fee from his bank of $25.00, used a debit card linked to his account to make a purchase of $83.12, written a check for $138.83 that has already been deposited, and deposited a check written to him for $71.17. What is the current balance of Vance's checking account?$1620.38$1510.06$1485.06$787.10
- 8. Multiple ChoiceWhich of the following is not found on a check?Account Owner's Name & AddressAccount Owner's Social Security Numberrouting numberaccount number
- 9. Multiple ChoiceThe number of a checking account is also known as the:Pin NumberSocial Security NumberRouting numberAccount Number
- 10. Multiple Choice
The checking account fees for Banks A, B, C, and D are shown in the table:
If a customer writes 26 checks per month, which bank will charge him the least in feesBank ABank BBank CBank D - 11. Multiple ChoiceEnrico wrote four checks last month, and these were the only transactions for his checking account. According to his check register, his balance is $893.48, but the bank statement he just received says his balance is $1076.32. If the four checks were for $173.75, $173.84, $182.75, and $182.84, the check for which amount has not yet cleared?$173.75$173.84$182.75$182.84
- 12. Multiple ChoiceBess wrote four checks last month, and these were the only transactions for her checking account. According to her check register, her balance is $869.96, but the bank statement she just received says her balance is $1054.13. If the four checks were for $175.17, $175.35, $184.17, and $184.35, the check for which amount has not yet cleared?$175.17$175.35$184.17$184.35
- 13. Multiple ChoiceWhich of the following is not considered a debit?Online Bill PaymentCheck CashedInterest EarnedATM Withdrawal
- 14. Multiple ChoiceWhich of the following is not considered a credit?Overdraft FeeInterest EarnedDirect DepositATM Withdrawal
- 15. Multiple ChoiceWhich of the following is not considered a credit?Overdraft FeeInterest EarnedDirect DepositATM Withdrawal
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