Acct.1 QUIZ Chapter 5 Cent.21
Quiz by Teresa
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28 questions
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- Q1A blank account from which payments can be ordered by a depositorChecking Account30s
- Q2A signature or stamp on the back of a check transferring ownershipEndorsement30s
- Q3An endorsement indicating a new owner of a checkSpecial endorsement30s
- Q4An endorsement restricting further transfer of a check's ownershipRestrictive endorsement30s
- Q5A check with a future date on itPostdated check30s
- Q6A report of deposits, withdrawals, and bank balances sent to a depositor by a bankBank statement30s
- Q7A check that a bank refuses to payDishonored check30s
- Q8A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documentsElectronic funds transfer30s
- Q9A bank card that automatically deducts the amount of a purchase from the checking account of the cardholderDebit card30s
- Q10An amount of cash kept on hand and used for making small paymentsPetty cash30s
- Q11A form showing proof of a petty cash paymentPetty cash slip30s
- Q12a petty cash on hand amount that is less than recorded amountCash short30s
- Q13a petty cash on hand amount that is more than recorded amountCash over30s
- Q14a bank form which lists the checks, currency, and coins an account holder is adding to the bank accountDeposit slip30s
- Q15A check that cannot be processed because the maker has made it invalidVoided check30s