Multiple Choice Question dealing with subject math

Oct 13th, 2015
DotaCN
Category:
Business & Finance
Price: $5 USD

Question description

QUESTION 1

  1. A _____________________ shows a mistake in a deposit transaction that increases your balance.

    A.

    debit memo

    B.

    credit memo

    C.

    credit card

    D.

    debit card

10 points  

QUESTION 2

  1. A _________________ is a credit transaction where the money is transferred electronically from the customer's credit card company when the sale is made.

    A.

    credit transaction

    B.

    debit transaction

    C.

    check register

    D.

    point-of-sale transaction

10 points  

QUESTION 3

  1. Whenever a checking account is opened, those persons authorized to write checks on the account must sign a _____________________.

    A.

    statement of intent

    B.

    payment voucher

    C.

    signature card

    D.

    will and testament

10 points  

QUESTION 4

  1. The _______________________ works just like a check except that the transaction is posted electronically at the time the transaction is made.

    A.

    credit card

    B.

    cash payment

    C.

    debit card

    D.

    IOU

10 points  

QUESTION 5

  1. Before a check can be cashed, it must be ______________.

    A.

    endorsed

    B.

    scanned

    C.

    electronically cleaned

    D.

    cancelled

10 points  

QUESTION 6

  1. The process of making the bank statement agree with the account register is called a bank statement _____________.

    A.

    accounting

    B.

    merger

    C.

    report

    D.

    reconciliation

10 points  

QUESTION 7

  1. A banking activity that changes the amount of money in a bank account is a _____.

    A.

    transaction

    B.

    deposit

    C.

    check

    D.

    service charge

10 points  

QUESTION 8

  1. An EFT is an _____.

    A.

    electronic funds ticket

    B.

    electric funds transfer

    C.

    electronic funds teller

    D.

    electronic funds transfer

10 points  

QUESTION 9

  1. The endorsement "Pay to the order of Stormy's Pet Service" indicates that Stormy's is the __________

    A.

    payee

    B.

    payor

    C.

    maker

    D.

    bank

10 points  

QUESTION 10

  1. A PIN authorizes a transaction on a _____ card or a(n) _____ card.

    A.

    debit, credit

    B.

    debit, ATM

    C.

    credit, ATM

    D.

    check, debit


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UCLA
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
kevin12622
Dec 5th, 2016
" Goes above and beyond expectations ! "
kiln82
Nov 26th, 2016
" awesome work thanks "
ashleyisgod
Nov 22nd, 2016
" Top quality work from this guy! I'll be back! "
likeplum4
Nov 13th, 2016
" Excellent work as usual "
Molly_Moon
Oct 30th, 2016
" AMAZING as always! "
kpcutie
Oct 21st, 2016
" Excellent job "
Hemapathy
Oct 8th, 2016
" all I can say is wow very fast work, great work thanks "
pmallory
Sep 29th, 2016
" Totally impressed with results!! :-) "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1830 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors