Multiple Choice
A company stamps checks received in the mail with the words "For Deposit Only". This endorsement is called a(n)
A) blank endorsement.
B) rubber stamp.
C) restrictive endorsement.
D) operational endorsement.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q80: Reconciling the bank statement monthly is an
Q81: An application of good internal control over
Q82: In a voucher system vouchers are prepared
Q84: Cash consists of each of the following
Q86: Physical controls to safeguard assets do not
Q87: A debit memorandum could show the collection
Q88: In preparing a bank reconciliation outstanding checks
Q89: Match the items below
Q90: Identify the internal control procedures applicable to
Q180: For efficiency of operations and better control