Multiple Choice
Match the following terms with their definitions.
-Payee
A) Document that records deposit
B) Added to bank balance
C) Used in mobile banking
D) Automatic teller machines
E) One to receive amount of check
F) Bank adds to your account
G) Record keeping device
H) Bounced check
I) Check must be deposited to payee's account
J) A report sent by bank
K) Total credit card sales minus credit accounts
L) Identifies to whom check is to be transferred
M) Bank is charging your account
N) No restrictions
O) One who writes a check
P) Eliminates the use of paper checks
Q) Signing back of checks
R) Comparing bank balance to checkbook balance
S) Not processed by bank yet
Correct Answer:

Verified
Correct Answer:
Verified
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