Acct. 1 Quiz Chapter 11

A(n) _____ is a computer terminal where account holders can conduct various banking activities.

An itemized record of all the transactions occurring in a depositor's account over a given period is a(n) ____.

A(n) ______ is a bank-issued card honored by many businesses that can be used to withdraw cash and to make payments for goods and services at many businesses instead of writing checks; also called a debit card, ATM card, or check card.

A(n) ____ is a fee charged by the bank for maintaining bank records and for processing bank statement items for the depositor.

A(n) __________ is an endorsement that consists only of the endorser's signature on the back of a check

____ are checks that are paid by the bank, deducted from the depositor's account, and returned with the bank statement.

A(n) ____ is a written order from a depositor telling the bank to pay a stated amount of cash to the person or business named on the order.

__________ allows the conversion of a paper check to an electronic image that can be quickly processed between banks; aka Check Clearing for the 21st Century Act.

With a(n) ____, a business can deposit cash in a bank and write checks against the account balance.

A(n) ____ is a person or business that has cash on deposit at a bank.

The bank form on which the currency and checks to be deposited are listed is known as the ____.

The bank on which a check is written is the ____.

The person who signs a check is the ____.

The ____ enables banks to transfers quickly and accurately from one account to another account without the immediate exchange of checks.

A(n) ____ is an authorized signature that is written or stamped on the back of a check.