Bank On Pre-Test In order to receive the link for the financial education course, please complete the short quiz below: Question Title * 1. Which of the following is a Financial Institution? a. Payday Loan Store b. Pawn Broker c. Bank d. Credit Union e. a. and b. only f. c. and d. only Question Title * 2. Which of the following is a deposit account? a. Mutual fund b. Savings account c. Stocks and bonds d. Checking account e. b. and d. only f. a. and c. only Question Title * 3. By choosing to Opt-Out, banks cannot: a. Charge you an overdraft fee on a one-time debit or ATM card transaction b. Share your information with other companies c. Give you checks d. Mail you printed statements Question Title * 4. You can use an ATM to do which of the following: a. Deposit a check b. Make a cash withdrawal using your debit card d. Check your account balance e. All of the above Question Title * 5. One way to avoid identity theft would be: a. Do not give out personal information over the phone or through the mail. b. Remove your mail from your mailbox as soon as possible. c. Shred receipts, credit card statements, or pre-approved offers. d. Order a copy of your credit report every year. e. All of the above Question Title * 6. A deposit is the amount of money you have in your account. True False Question Title * 7. It is cheaper to use a bank account than a check cashing and money order service. True False Question Title * 8. You need to have a US drivers license to open a bank account. True False Question Title * 9. A purchase made using a debit card will not be charged against your account for 30 days. True False Question Title * 10. The bank will charge you a fee if you do not have enough money to pay a check you wrote. True False Question Title * 11. Savings accounts never pay interest. True False Question Title * 12. A savings account is one that gives you a debit card instead of paper checks. True False Question Title * 13. A teller is the bank employee that you would talk to in order to withdraw money. True False Question Title * 14. Fixed expenses are those whose amounts do not change from month to month. True False Question Title * 15. The amount of money you have after taxes, insurance, and other deductions have been taken out of your pay: Account Balance Net Income Overdraft Flexible Expenses Question Title * 16. A step-by-step plan for meeting your expenses in a given amount of time to help you manage your money: Overdraft Reconciling the account Budget Account balance Question Title * 17. Not having enough money in your account to cover the checks written and/or debit card transactions made: Overdraft Net income Budget Flexible expenses Question Title * 18. Expenses whose amounts may change from month to month: Net income Account Balance FDIC insurance Flexible expenses Question Title * 19. The process of identifying and correcting any differences between the bank statement and your check register: Budget Reconciling the account Net income Debit card Question Title * 20. A card tied to your account which can be used at an ATM to get cash or to make purchases at stores: Account balance FDIC insurance Overdraft Debit card Question Title * 21. The amount of money you have on deposit at your financial institution: Account balance FDIC insurance Budget Debit card Question Title * 22. A guarantee against loss for up to $250,000 by the US government: Overdraft Net income Flexible expenses FDIC insurance Question Title * 23. Please complete the following: Name: * Email Address: Phone Number: Personal contact information is optional and will be shared with the United Way of the Bluegrass in order to conduct follow-up research. Done