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BM_Chp_3.txt
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According to the picture item #1 is the_________?
memo line
According to the picture
item #2
is the __________?
Signature Line
What
special ink
is used to print the numbers at the bottom of a check?
MICR ink
The
legal amount
of a check is:
a. the written amount
b. the numeric amount
a. the numeric amount
ATM stands for:
Automated Teller Machine
According to the picture item #3 is ___________?
the check number
According to the picture item #4 is ___________?
the written amount of the check
According to the picture item #5 is ___________?
the financial institution's routing number
According to the picture item #6 is ___________?
the numerica amount of the check
According to the picture item #7 is ___________?
Who the check is made out to (person or business)
According to the picture item #8 is ___________?
the date the check was written
How long is a check good for?
six months
According to the picture item #9 is ___________?
the account number
PIN
stands for
P
ersonal
I
dentificatin
N
umber
What is an outstanding check?
a check that has not cleared your bank account
What does
EFT
stand for?
Electronic Funds Transfer
A deposit is a:
A. debit
B. both
C. credit
D. balance
C. credit
Define check register
a ledger used to keep track of debit and credits
Author
kseaman
ID
52439
Card Set
BM_Chp_3.txt
Description
Chapter 3 for Business Math
Updated
2010-12-03T16:59:30Z
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