Exam 19: Banking Services and Procedures

Which of the following endorsements includes words specifying the person to whom the endorser makes the check payable?

A(n)__________ check has a detachable form that is used to itemize or specify the purpose for which the check is drawn.

The petty cash till has 52 quarters,43 dimes,19 nickels,and 24 pennies.What is the total amount of change in the till?

A check drawn on the bank's own account and signed by an authorized bank official is called a

The __________ discloses any errors that may exist in the checkbook or,on rare occasions,the bank statement.

An instrument that is legally transferable to another party is said to be __________.

When an account is opened at a bank,the depositor will be required to complete a __________ card.

The physician uses the debit card for $782.19 to pay for medical supplies,$56 for office supplies,and $76 to stock the employee break room refrigerator.If the balance in the checkbook is $32,830.43,what is the balance after the debit card activity?

Many banks offer applications that can be downloaded for free on smart phones and computers that will let the user deposit checks from any location.

__________ bonding covers specific individuals.

A person who writes a check is sometimes called the __________.

Which of the following digits in an RTN represent the individual bank identification number?

Who in the office is authorized to sign checks?

The three most common types of bank accounts are checking accounts,savings accounts,and money market savings accounts.

The deposit is $5,192.The checkbook balance is $10,432.What is the balance after the deposit is made?

What is required for a check to be negotiable?

The physician charges $450 for a procedure,and the patient pays one third of the total by check.For what amount is the check written?

For individuals to be __________,a personal background investigation normally is necessary.

A capital sum of money due as a debt or used as a fund for which interest is either charged or paid is called the __________.

Checks received in the mail today include those for $87,$45,$88,and $100.What is the total check deposit for the day?