test review n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Managing a Bank Account Tracking Your Money PowerPoint Presentation
Download Presentation
Managing a Bank Account Tracking Your Money

Loading in 2 Seconds...

play fullscreen
1 / 55

Managing a Bank Account Tracking Your Money - PowerPoint PPT Presentation


  • 134 Views
  • Uploaded on

Test Review. Managing a Bank Account Tracking Your Money. What is the process of comparing personal bank account records to the bank’s records of that account balance in order to uncover any possible discrepancies?. Reconcile.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Managing a Bank Account Tracking Your Money' - makan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide2

What is the process of comparing personal bank account records to the bank’s records of that account balance in order to uncover any possible discrepancies?

slide4

What is a computer terminal used to conduct business with a financial institution or purchase items such as postage stamps or transportation tickets?

slide10

What is a plastic card that provides access to electronic funds transfer (EFT) from an automated teller machine (ATM)?

slide14

True/FalseYou reconcile your bank statement to determine if there are any discrepancies in your records.

slide22

What is a written order directing a bank or credit union to pay a person or business a specific sum of money?

slide24

True/FalseYou should write the cents of the amount of the check in the small space that starts with the dollar sign as a fraction.

slide26

True/FalseWhen using a debit card, it is important to remember to write down all transactions and add them to your account balance.

slide28

When using a debit card, it is important to remember to write down all transactions and subtract them from your account.

slide34

True/FalseThe primary purpose of a check or debit card is to replace cash so the government has a record of your activities.

slide36

True/FalseThe primary purpose of a check or debit card is to make it easier for people to buy goods and services, pay bills, and make other financial transactions.

true false writing a check for insufficient funds can be easily avoided if you do not use an atm

True/FalseWriting a check for insufficient funds can be easily avoided if you do not use an ATM

slide42

True/FalseWriting a check for insufficient funds can result in expensive fees, fines, even jail time if convicted

slide46

True/FalseWhen you receive your monthly bank statement, it is recommended that you use it to reconcile your checking account.

slide48

What is a written document ordering a financial institution to transfer money from your account to someone else

it does matter what date you write on the date line of a check because it is a legal document

It does matter what date you write on the date line of a check because it is a legal document.

true false a check must be filled out completely and correctly be to considered a legal document

True/FalseA check must be filled out completely and correctly be to considered a legal document.