8 Questions
What is the Bottom Line defined as in the text?
The difference between earnings and debts of a business
What does a Credit Score represent according to the text?
A number indicating borrowing history and creditworthiness
What is the purpose of an official Check as mentioned in the text?
To transfer a specific amount of money from one account to another
What is the role of FDIC in the text?
Insuring deposits in banks and examining their safety
What happens if a check bounces according to the text?
The recipient is charged an insufficient funds fee
What does a Debit Card allow you to do according to the text?
Pay for things using money from a checking account
How is Checking Account described in the text?
A transaction account usually earning interest
'What do Dividends represent according to the text?'
'Profit-based payouts to an investor'
Test your knowledge of financial terms such as Percentage Yield, Bottom Line, and Bounce with this quiz. Learn about interest rates, earnings, and insufficient funds fees.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
