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Cfl Unit 2 Banking & Checking Questions And Answers With Verified Solutions 100% Correct Rated A+

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Cfl Unit 2 Banking & Checking Questions And Answers With Verified Solutions 100% Correct Rated A+

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Cfl Unit 2 Banking & Checking
Questions And Answers With Verified
Solutions 100% Correct Rated A+
How are funds accessed from a checking account? - ANSWER✔✔Check, ATM,
debit card


Checking account - ANSWER✔✔A bank account from which payments can be
ordered by a depositor


Check - ANSWER✔✔A written order for a bank to pay money


ATM - ANSWER✔✔Automated Teller Machine used to withdraw cash from
account


Debit Card - ANSWER✔✔a card issued by a bank allowing the holder to transfer
money electronically to another bank account when making a purchase.


Credit Card - ANSWER✔✔A plastic card used to make purchases now and pay for
them later.


What are some Safety tips for an ATM/debit card - ANSWER✔✔-PIN number
should be random and not easily guessed
-Sign your name on back of card and write see ID
-Report it lost or stolen right away in those situations

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  • atm
  • cfl unit 2 banking checking questions and answer
  • how are funds accessed from a checking account
  • what is a checking account used for
  • what does bouncing a check mean

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