BANKING CERTIFICATION ACTUAL TEST
SCRIPT 2026 VERIFIED QUESTIONS AND
CORRECT ANSWERS A+
● Federal Reserve Bank. Answer: is responsible for conducting
monetary policy and supervision and regulation of financial institutions.
● Bank. Answer: A financial institution that receives deposits, makes
loans, invests in securities, honors checks drawn on those deposits, and
pays interest.
● Checking Account. Answer: A deposit account with a financial
institution or bank that allows a person to make a deposit or withdrawal
their money.
● Checking. Answer: An account at a financial institution that allows for
withdrawals and deposits.
● Loans. Answer: Advances a sum of money to the borrower. In return,
the borrower agrees to a particular set of terms, including any finance
charges, interest, repayment date, and other conditions.
, ● Credit Cards. Answer: Are credit that comes with a card you can
borrow on an ongoing basis; it has interest rates, a spending limit, and
monthly payments.
● Check. Answer: Is a written order telling your bank to pay money to
an individual or business.
● Debit Cards. Answer: Cards issued in association with checking or
savings accounts that allow point-of-sale purchases that are then
deducted from bank balances and ATM withdrawals.
● Electronic Monetary Transactions. Answer: Is any kind of non-cash
payment, transaction, etc., that doesn't involve a paper.
● Deposit. Answer: A sum of money placed or kept in a bank account
● Financial Institution. Answer: An organization or business that
provides types of financial services to customers and deals with various
monetary transactions that include cash deposits, loans, raising capital,
exchanging securities.
● Bank Reconciliation Statement. Answer: Compares the cash balance
to its bank statement.
SCRIPT 2026 VERIFIED QUESTIONS AND
CORRECT ANSWERS A+
● Federal Reserve Bank. Answer: is responsible for conducting
monetary policy and supervision and regulation of financial institutions.
● Bank. Answer: A financial institution that receives deposits, makes
loans, invests in securities, honors checks drawn on those deposits, and
pays interest.
● Checking Account. Answer: A deposit account with a financial
institution or bank that allows a person to make a deposit or withdrawal
their money.
● Checking. Answer: An account at a financial institution that allows for
withdrawals and deposits.
● Loans. Answer: Advances a sum of money to the borrower. In return,
the borrower agrees to a particular set of terms, including any finance
charges, interest, repayment date, and other conditions.
, ● Credit Cards. Answer: Are credit that comes with a card you can
borrow on an ongoing basis; it has interest rates, a spending limit, and
monthly payments.
● Check. Answer: Is a written order telling your bank to pay money to
an individual or business.
● Debit Cards. Answer: Cards issued in association with checking or
savings accounts that allow point-of-sale purchases that are then
deducted from bank balances and ATM withdrawals.
● Electronic Monetary Transactions. Answer: Is any kind of non-cash
payment, transaction, etc., that doesn't involve a paper.
● Deposit. Answer: A sum of money placed or kept in a bank account
● Financial Institution. Answer: An organization or business that
provides types of financial services to customers and deals with various
monetary transactions that include cash deposits, loans, raising capital,
exchanging securities.
● Bank Reconciliation Statement. Answer: Compares the cash balance
to its bank statement.
