US Currency
A _____ card draws directly from a checking account to make purchases or withdrawals.
DEBIT CARD
A United States routing number is this many digits long.
9 DIGITS
The 2 pieces of identifying information an individual needs in order to open a bank account (name 2 of 6).
The 2 pieces of identifying information an individual needs in order to open a bank account (name 2 of 6).
To set up direct deposit from an employer, they will need to be supplied with these two numbers.
ROUTING AND ACCOUNT
Coins can stay in circulation for roughly how long?
a) 19 years
b) 30 years
c) 25 years
d) No Limit on Circulation Time
What is 'b' 30 years?
___________ is a convenient way for people to deposit checks through the phone.
a) Direct Deposit
b) Wire
c) Mobile Deposit
What is 'c' Mobile Deposit
A business owner receives a check from a customer for $5,000 for completing a project.
- The business owner must pay employees $1250 for their work for the project.
-There is also $567.50 worth of expenses for the project.
What is the business owners net income from the project?
What is $3,182.50?
What is a secure place to store valuables inside a bank's vault called?
What is a safe deposit box?
All US currency since 1956 has had this phrase printed on it __ ___ __ _____
IN GOD WE TRUST
When cashing or depositing a check, where do you endorse it?
What is on the back?
Messages sent out by scammers with the intent to collect personal information or banking credentials are sent via:
a) Text
b)E-mail
c) Mail
d) All the Above
What is 'd' all of the above?
Each year homeowners pay some money to the government. The amount they pay is based on the value of their home and land.
What is that tax called?
What is Property Tax?
What do you call someone who collects coins?
a) Numismatist
b) Geologist
c) Sociologist
d) Pannapictagraphists
What is 'a' Numismatist?
Sometimes a person will ask you to transfer money for them, or cash a check and then send them part of the money through other means to transfer illegally gained funds. A person who knowingly or unknowingly helps the criminal is called a __________.
a) Money Mule
b) Scammer
c)Trader
What is 'a' money mule?
Phishing refers to:
a) Cashing multiple checks at one time
b) Keeping your personal information secure and Private
c) Deceiving people to gain sensitive information
What is 'c' deceiving people to gain sensitive information?
A printed record of the balance in a bank account and the amounts that have been paid into it and withdrawn from it, issued periodically to the holder of the account.
A. ONLINE BANKING
B. BANK STATEMENT
C. DEPOSIT RECEIPT
B-- BANK STATEMENT
How many ridges are on the outside of a quarter?
a) 59
b) 72
c) 212
d) 119
What is 'd' 119?
"For Deposit Only" is an example of which kind of endorsement?
a) Special Endorsement
b) Restrictive Endorsement
c) Qualified Endorsement
d) Conditional Endorsement
What is 'b' restrictive endorsement?
What is it called when an employer puts pay into the employee's bank account without writing a check?
What is Direct Deposit?
When was the last time the US Bureau of Engraving and Printing printed banknotes larger than the $100 bill?
A. 1945
B. 1969
C. 1861
A: 1945
**On July 14, 1969, the Federal Reserve and the U.S. Department of the Treasury announced that banknotes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued due to lack of use. Although they were issued until 1969, they were last printed in 1945.