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5 Written questions

5 Matching questions

  1. endorsement
  2. certified check
  3. bank reconciliation
  4. bank statement
  5. safe deposit boxes
  1. a document created to show how the bank statement and your check register are brought into balance (equal one another)
  2. b banks offer these for storage of valuables
  3. c written evidence that you received payment or that you transferred your right of receiving payment to someone else
  4. d the report the bank will send (mail or email) you on the status of your account
  5. e a personal check for which a bank has guaranteed payment

5 Multiple choice questions

  1. the owner of the account who signs the check
  2. person or business to whom the check is written
  3. accept deposits from people and businesses and use the deposits to finance their business
  4. a written notice that tells the bank not to pay a certain check; banks usually charge a fee for this service
  5. checks that have not been deducted from the bank statement balance

5 True/False questions

  1. special endorsementallows you to transfer a check to another person

          

  2. check registera separate book, usually the same size as the checkbook, used for recording account activities

          

  3. blank endorsementwritten evidence that you received payment or that you transferred your right of receiving payment to someone else

          

  4. FDICprotects depositor's money in case of the failure of a bank; up to $250,000.00

          

  5. commercial bankfull service banks; offer a wide range of financial services from schecking accounts to loans to safe deposit boxes and trust accounts