Accounting and Finance Foundations

Unit 3

Accounting and Finance Foundations Unit 3: The Role of Money 236

The Role of Money

Chapter 6Chapter 8

Student Assignment

Name: Name: _______________________________________________________________ _______________________________________________________________ Date: _________________ Date: _________________

8.6.3 Online Banking Self-Assessment (cont’d)

Yes or No

_______ 9. Are you comfortable banking at an ATM (Automated Teller Machine)?

Are you someone who rarely needs to go to the bank branch because you’re already

“ATM friendly”? Many online banks offer the ability to do your banking from ATMs where you

can deposit checks and withdraw money, and they offer rebates on a limited number of trans-

actions at ATMs.

_______ 10. Do you trade stocks online?

Many online brokers are now beginning to offer products similar to online banks. So, if you

already trade stocks online, consider moving your banking online, too, since many brokers

offer very attractive deals for your banking business. Their goal is to keep all of your money

within their group.