May 1, 2006 in Checking

Checking Basics: Chapter 1 quiz

 

If you think you’ve mastered the material in this chapter, take our quiz. After you click the ”submit” button, the answers will appear below.

  1. More often than not, the right bank account for many people is:

    Lifeline
    Interest bearing.
    Free
    Money market.
  2. “Float” refers to:

    The lending of money.
    The number of days between writing a check and the deduction of money from your account.
    The fee charged by a bank for a bounced check
  3. True or false: You can opt out of your bank’s overdraft privilege or bounce protection.

    True
    False
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