, Business - Finance II of VII pages
Circle the letter of the Definition that corresponds to the displayed term.
1. FDIC
A: cost determined by output: a cost that varies directly in relation to output
B: 1.taking money from bank: the act of taking money from a bank account, or the amount of money
C an independent agency created by the U.S. Congress to maintain stability and public confidence
D: 1.money received over period: the amount of money received over a period of time either as payment
2. Reconcile
A: the price one pays as remuneration for services.
B: An account at a bank against which checks can be drawn by the account depositor
C end conflict: to solve a dispute or end a quarrel
D: a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be
3. payer
A: a banking option that allows for the transfer of funds without paper checks.
B 2.somebody responsible for payment: the person named as responsible for the payment of a check,
C: The fee charged by a lender to a borrower for the use of borrowed money,
D: money saved: money set aside for future use
4. Endorse
A approve something formally: to give formal approval or permission for something
B: An account at a bank against which checks can be drawn by the account depositor
C: Loan arrangement under which a bank extends credit up to a maximum amount (called overdraft limit)
D: A debit card (also known as a bank card or check card) is a plastic card that provides the cardholder
5. Expense
A: automated-teller machine
B cost or charge
C: desire something: to feel a need or desire for something
D: 1.unchanging expense: a business expense that does not vary according to the amount of business
6. Variable Expenses
A: The fee charged by a lender to a borrower for the use of borrowed money,
B: automated-teller machine
C: how much money is in a persons savings account
D cost determined by output: a cost that varies directly in relation to output
Business - 2024/25 2024/2025 Edition
Circle the letter of the Definition that corresponds to the displayed term.
1. FDIC
A: cost determined by output: a cost that varies directly in relation to output
B: 1.taking money from bank: the act of taking money from a bank account, or the amount of money
C an independent agency created by the U.S. Congress to maintain stability and public confidence
D: 1.money received over period: the amount of money received over a period of time either as payment
2. Reconcile
A: the price one pays as remuneration for services.
B: An account at a bank against which checks can be drawn by the account depositor
C end conflict: to solve a dispute or end a quarrel
D: a term used in the banking industry to indicate that a demand for payment (a cheque) cannot be
3. payer
A: a banking option that allows for the transfer of funds without paper checks.
B 2.somebody responsible for payment: the person named as responsible for the payment of a check,
C: The fee charged by a lender to a borrower for the use of borrowed money,
D: money saved: money set aside for future use
4. Endorse
A approve something formally: to give formal approval or permission for something
B: An account at a bank against which checks can be drawn by the account depositor
C: Loan arrangement under which a bank extends credit up to a maximum amount (called overdraft limit)
D: A debit card (also known as a bank card or check card) is a plastic card that provides the cardholder
5. Expense
A: automated-teller machine
B cost or charge
C: desire something: to feel a need or desire for something
D: 1.unchanging expense: a business expense that does not vary according to the amount of business
6. Variable Expenses
A: The fee charged by a lender to a borrower for the use of borrowed money,
B: automated-teller machine
C: how much money is in a persons savings account
D cost determined by output: a cost that varies directly in relation to output
Business - 2024/25 2024/2025 Edition
