Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password

Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Money Test

Enter the letter for the matching Definition
incorrect
1.
Barter
incorrect
2.
EFTPOS
incorrect
3.
Money
incorrect
4.
Standing order (SO)
incorrect
5.
PIN
incorrect
6.
ATM
A.
is an exchanging (swapping) of one good for another
B.
is an instruction from a bank account holder to the bank to pay from his or her account, on a regular basis, a fixed sum of money to a stated person
C.
is an automated teller machine
D.
stands for electronic funds transfer at point of sale
E.
is anything that is generally accepted by the majority of people in exchange for goods and services
F.
stands for the personal identity number
Type the Term that corresponds to the displayed Definition.
incorrect
7.
is a cheque where the bank is both the drawer and the drawee
incorrect
8.
is a written instruction to a bank to pay a stated sum of money to a named person or to the bearer (the person who has it) of the cheque
incorrect
9.
is the form of money that a creditor is legally obliged to accept in payment of a debt
incorrect
10.
gives a creator permission to apply to his or her debtor's bank account for a variable sum of money (up to a stated maximum amount), on a regular basis
incorrect
11.
is an electronic means of transferring an employer's wages from the employer's bank account to an employee's bank account
incorrect
12.
is a system whereby a person can transfer money from his or her own bank account to another person's bank account

edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Popular Business sets