Question 3What is a personal check that's been certified as being good by the financialinstitution on which it's drawn?certified checkmoney ordercashier's checktraveler's check

Personal check A personal check is used to make payments from your bank account to other…

Answered: Question 3 What is a personal check…

Pkg Acc Infor Systems MS VISIO CD

10th Edition

ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter11: The Billing/accounts Receivable/cash receipts (b/ar/cr) Process

Section: Chapter Questions

Problem 4DQ

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Similar questions

Choose the correct answer: 5. Which of the following is considered effective? a. Certificates of Deposit b. Money Market Checking Accounts c. Money Market Savings Certificates d. Future-dated checks
Describe situations in which you might use a certified check, cashiers check or money order.
How a credit check in advanced technology system different from a credit check in basic technology system
Question 15 Putting signature on the back of a check is FORGING a check Your answer: O True O False Clear answer Back Next
6 When preparing a bank deposit which of the following is a best practice? Select one: a. Deposit all customer payments one at a time using the Bank Deposit form b. Group all customer payments with the same payment method together in one deposit c. Leave payments in the undeposited funds account d. Group customer payments with the payment method of checks and credit card payments in one deposit and group all the cash payment methods in a separate deposit
How is a credit check in the advanced technology system fundamentally different from a credit checkin the basic technology system
What are the step(s) when using the Sales with Payment customer workflow? A. Create sales receipts deposited to the Undeposited Funds account > Create Bank Deposit B. Create Sales Receipt deposited to the checking account C. Create Bank Deposit D. Create Invoice > Receive Payment deposited to the Undeposited Funds account > Create Bank Deposit
Knowledge Check 01 Identify the type of activity by choosing the best answer for each question. Select each item listed below as being an identifying, recording, or a communicating activity. Items Preparing and entering a list of checks issued. Using a cash register to enter sales. Entering a list of the sales invoices, including the prices and quantities, for the company's recordke Interpreting information from financial reports. Preparing financial statements for creditors.
Select the banking terms from drop down to match with the correct definition. Definitions Banking Terms a. A check that has been paid by the bank on behalf of the depositor. select a banking term Automated teller machine (ATM)Electronic funds transfer (EFT)MakerDepositorDebit memorandumPayeeBank statementPayerCredit memorandumDeposit slipCheckCanceled checkSignature cardEndorsement b. A disbursement system that uses wire, telephone, or computers to transfer cash balances from one location to another. select a banking term EndorsementBank statementDeposit slipDebit memorandumCheckDepositorElectronic funds transfer (EFT)PayeeSignature cardPayerCanceled checkCredit memorandumAutomated teller machine (ATM)Maker c. A document provided by the bank that requires the signature of all authorized signers of checks. select a banking term…
Why must a signature card be filled out and signed to open a checking account?
desrcibe credit card security and why its imporant
Distinguish among the following: (1) a general checkingaccount, (2) an imprest bank account, and (3) a lockboxaccount.

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Question 3 What is a personal check that's been certified as being good by the financial institution on which it's drawn? certified check money order cashier's check traveler's check