1) What is an account number? a) A running total of how much you have in your account. b) An unique reference that identifies each customer. c) How much money you had at the start of a new period. d) A six digit code that identifies the branch you opened your account at. 2) What is a direct debit? a) A form of regular payment that is set up by a company you need to pay. b) A payment you set up to an organisation/person for a one off or regular occurance. 3) What does debit mean? a) Money that went into your account b) Money left in your account 4) What piece of information is never on your bank statements? a) Your name b) Your address c) Your birthdate d) Your account number 5) What does ATM stand for? a) Automatic Teller Machine b) Automated Telling Machine c) Automated Teller Machine d) Automaton Telling Machine

Managing Money

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