Free Exam: Personal Finance-Money Management; Unit 2
Number of Questions in Test: 22
Number of Questions in Preview: 5
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The primary difference between commercial banks and [u]credit unions[/u] is that credit unions operate to make a profit.
| Type: | True/False |
| Points: | 1 |
Question 2
Using a [u]credit card[/u] is just like writing a check in that it withdraws money from your checking account.
| Type: | True/False |
| Points: | 1 |
Question 3
Reconciling your account is one way to make sure you do not make an [u]overdraft[/u] on the account.
| Type: | True/False |
| Points: | 1 |
Question 4
If you have $113.69 in your [u]checking account[/u], and you spend $115.44, you will be charged a(n)
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | Yes |
Question 5
Which of the following is an example of [u]interest[/u]?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | Yes |