NAME

Question types


Start with


Question limit

of 23 available terms

Print test

5 Written questions

5 Matching questions

  1. deposit
  2. maker
  3. financing
  4. on us check
  5. ending cash
  1. a involves the purchase of, or advance of, funds arising from installment sales for a customer selling aproduct or service
  2. b cash in teller's drawer at the end of the day
  3. c to leave money or items with a bank for credit to a bank account
  4. d a term used by a bank for a check drawn on the bank and presented to that bank for deposit or payment
  5. e person who signs and delivers (executes) a note or other promise to pay

5 Multiple choice questions

  1. stipulated time, following the date on which payment is due, during which no late fee is charged
  2. a deposit account from which funds can be drawn by writing a check
  3. the percentage rate charged for the use of money, usually quoted on an annual basis
  4. funds that are available to the customer at any time and that require no advance notice of withdrawal, usually drawn against by writing checks
  5. the amount paid by a borrower to a lender in exchange for the use of the lender's money over a certain period

5 True/False questions

  1. installment loanthe percentage rate charged for the use of money, usually quoted on an annual basis

          

  2. investmentthe exchange of money for a promise to repay at a later date or for an ownership share in a business venture

          

  3. difficult customera result of unmet customer expectations and a cause of reduced business

          

  4. holdthe restriction of payment of part or all of the funds in an account

          

  5. direct depositfunds that are available to the customer at any time and that require no advance notice of withdrawal, usually drawn against by writing checks