NAME: ________________________

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5 Written Questions

5 Multiple Choice Questions

  1. the report the bank will send (mail or email) you on the status of your account
  2. A personal check for which a bank has guaranteed payment.
  3. Person who writes a check
  4. full service banks; offer a wide range of financial services from checking accounts to loans to safe deposit boxes and trust accounts
  5. consists of only the endorser's name; most unsafe way to endorse a check

4 True/False Questions

  1. bank reconciliationthe report the bank will send (mail or email) you on the status of your account

          

  2. check registerwritten evidence that you received payment or that you transferred your right of receiving payment to someone else

          

  3. cashier's checksA personal check for which a bank has guaranteed payment.

          

  4. FDICthe bank or other financial institution that pays the check

          

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