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BANKING VOCABULARY QUIZ

Frecia Cruz

Created on May 22, 2023

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Transcript

Quiz

Banking Vocabulary

START

GOODLUCK!

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

Upon receiving the payment, the recipient ________ the back of the check, enabling them to deposit it into their bank account

endorsed

paid

enrolled

trasnferred

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

WRONG!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

9 25.600 POINTS

4 800 POINTS

10 50.000 POINTS

5 1.600 POINTS

I logged into my online banking account to view my monthly _______ and review all the transactions for the past billing cycle.

mortgage

garnishment

adjustment

statement

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

Your check ________ because you didn't have sufficient funds in your account to cover the payment

enrolled

paid off

waived

bounced

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

The bank agreed to _________ the processing of the loan application to meet the borrower's urgent timeline.

clear

set up

expedite

cash

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

10 50.000 POINTS

5 1.600 POINTS

START OVER?

6 3.200 POINTS

1 100 POINTS

2 200 POINTS

7 6.400 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

After reporting the lost credit card, the bank promptly agreed to _________ a new one with an updated account number.

withdraw

replace

bounce

pay in

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

9 25.600 POINTS

4 800 POINTS

5 1.600 POINTS

10 50.000 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

The bank made an _______ to my account to correct an error in the calculation of interest, resulting in a revised balance.

direct debit

adjustment

garnishment

endorsement

6 3.200 POINTS

1 100 POINTS

7 6.400 POINTS

2 200 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

10 50.000 POINTS

5 1.600 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

I used a ________ to send the payment to the international supplier, ensuring the funds reached their account quickly and securely.

wire transfer

check

direct debit

overdraft

6 3.200 POINTS

1 100 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

10 50.000 POINTS

5 1.600 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

The court ordered _________ of the debtor's wages to collect the outstanding debt owed to the creditor.

direct deposit

garnishment

wire transfer

stop payment

6 3.200 POINTS

1 100 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

10 50.000 POINTS

5 1.600 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

The bank agreed to ______ the monthly maintenance fee for the account as a gesture of goodwill.

clear

cash

waive

enroll

1 100 POINTS

6 3.200 POINTS

2 200 POINTS

7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

4 800 POINTS

9 25.600 POINTS

10 50.000 POINTS

5 1.600 POINTS

START OVER?

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

RIGHT!

8 12.800 POINTS

3 400 POINTS

9 25.600 POINTS

4 800 POINTS

5 1.600 POINTS

10 50.000 POINTS

The online _________ provided a wide range of products and a seamless checkout experience for customers on their e-commerce platform.

statement

merchant

10

check

check

6 3.200 POINTS

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7 6.400 POINTS

WRONG!

3 400 POINTS

8 12.800 POINTS

9 25.600 POINTS

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10 50.000 POINTS

5 1.600 POINTS

START OVER?

WELL DONE!

1 100 POINTS

6 3.200 POINTS

7 6.400 POINTS

2 200 POINTS

8 12.800 POINTS

3 400 POINTS

4 800 POINTS

9 25.600 POINTS

5 1.600 POINTS

10 50.000 POINTS

YOU WIN!

50.000 POINTS

BACK