Financial Literacy Complete Study Guide Test with Complete Solutions.
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Course
LITERACY.
Institution
LITERACY.
Financial Literacy Complete Study Guide Test with Complete Solutions.
Deposit - CORRECT ANSWER a sum of money placed or kept in a bank account
Withdrawal - CORRECT ANSWER a sum of money taken out of an account
Savings Account - CORRECT ANSWER a place where you can store cash securely whi...
Financial Literacy Complete Study Guide
Test with Complete Solutions.
Deposit - CORRECT ANSWER a sum of money placed or kept in a bank account
Withdrawal - CORRECT ANSWER a sum of money taken out of an account
Savings Account - CORRECT ANSWER a place where you can store cash securely while you earn interest
on your money
Checking Account - CORRECT ANSWER an account at a bank where money is deposited and withdrawn
by checks and debit cards
Debit Card - CORRECT ANSWER a card issued by a bank allowing the holder to transfer money
electronically to another bank account when making a purchase
Credit Card - CORRECT ANSWER a small plastic card issued by a bank or business allowing the holder to
purchase goods or services on credit
Check Register - CORRECT ANSWER a cash disbursements journal which is used to record all of the
checks, cash payments, and outlays of cash during an account period
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