1) A bank statement is _________________________ a) a copy of your medical history b) a collection of deposits c) a record of your transactions from a checking or savings account 2) A bank statement shows ______________________________ a) all deposits b) a beginning and ending balance c) all withdrawals d) all of the above. 3) A deposit is _________________. a) putting money in b) taking money out c) the same as a withdrawal 4) A withdrawal is _________________. a) the opposite of a deposit. b) adding money to your savings account c) what happens when you get paid 5) The starting balance is ____________________. a) What is left in your account after a deposit b) the amount in your account at the beginning of the statement period. c) is a transaction 6) Deposits ____________________. a) are funds added into your account b) are the same as withdrawals c) take money out of your account 7) The ending balance is what you have in your account ___________________________. a) in the middle of the statement period b) at the end of the statement period c) after your check has been deposited 8) Withdrawals are ___________________. a) funds taken from your account b) funds added to your account c) not shown on your bank statement 9) A fee is an amount that you are ___________________. a) payed by the bank b) charged by the bank. 10) The bank charges a _______________ for ATM transactions, overdrafts, and foreign transaction. a) deposit b) withdrawal c) fee 11) _______________ is money paid regularly at a particular rate for the use of money lent. a) transaction b) interest c) checking account 12) The dates during which the transactions occur, usually a month-long period is the ______________________. a) amount b) overdraft c) statement period

Bank Statement

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