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Q 1/28
Score 0
A(n) _____ is a computer terminal where account holders can conduct various banking activities.
30
automated teller machine (ATM)
Q 2/28
Score 0
An itemized record of all the transactions occurring in a depositor's account over a given period is a(n) ____.
30
bank statement
28 questions
Q.
A(n) _____ is a computer terminal where account holders can conduct various banking activities.
1
30 sec
Q.
An itemized record of all the transactions occurring in a depositor's account over a given period is a(n) ____.
2
30 sec
Q.
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.
3
30 sec
Q.
A(n) ____ is a fee charged by the bank for maintaining bank records and for processing bank statement items for the depositor.
4
30 sec
Q.
A(n) __________ is an endorsement that consists only of the endorser's signature on the back of a check
5
30 sec
Q.
____ are checks that are paid by the bank, deducted from the depositor's account, and returned with the bank statement.
6
30 sec
Q.
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.
7
30 sec
Q.
__________ 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.
8
30 sec
Q.
With a(n) ____, a business can deposit cash in a bank and write checks against the account balance.
9
30 sec
Q.
A(n) ____ is a person or business that has cash on deposit at a bank.
10
30 sec
Q.
The bank form on which the currency and checks to be deposited are listed is known as the ____.
11
30 sec
Q.
The bank on which a check is written is the ____.
12
30 sec
Q.
The person who signs a check is the ____.
13
30 sec
Q.
The ____ enables banks to transfers quickly and accurately from one account to another account without the immediate exchange of checks.
14
30 sec
Q.
A(n) ____ is an authorized signature that is written or stamped on the back of a check.
15
30 sec
Q.
____ are the outside controls a business can use to protect its cash and other assets.
16
30 sec
Q.
A(n) ______ is a copy of a canceled check; it is sent with the bank statement in place of the original canceled check.
17
30 sec
Q.
A(n) ____is a check returned by the bank because there are not sufficient funds in the drawer's checking account to cover the amount of the check.
18
30 sec
Q.
____ are checks that have been written but not yet presented to the bank for payment.
19
30 sec
Q.
____ are deposits that have been made and recorded in the checkbook but that do not appear on the bank statement.
20
30 sec
Q.
A(n) ________ has a future date instead of the actual date; it should not be deposited until the date on the check.
21
30 sec
Q.
The ____ is the person or business to whom a check is written.
22
30 sec
Q.
____ is the process of determining any differences between the balance shown on the bank statement and the checkbook balance.
23
30 sec
Q.
A(n) ____ endorsement limits how a check may be handled to protect the check from being cashed by anyone except the payee.
24
30 sec
Q.
A(n) ____ contains the signature of the person(s) authorized to write checks on a bank account.
25
30 sec
Q.
A(n) ________ is an endorsement that transfers the right to cash the check to someone else
26
30 sec
Q.
A demand by the depositor that the bank not honor a certain specific check is a(n) ____.
27
30 sec
Q.
The practice of marking a check that contains an error so that it will not be used is known as ____.