Multiple Choice
Match the following terms with their definitions.
-Electronic funds transfer
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
Q5: Crediting an account by the bank means
Q6: Mia Wong's checking account had a balance
Q7: Which of the following are debited from
Q8: On December 31, 20xx, Brown Company's checkbook
Q9: Andy Finn received a bank statement from
Q11: Match the following terms with their definitions.<br>-Smartphone<br>A)Document
Q12: Electronic funds transfer:<br>A)Uses paper checks<br>B)Uses some paper
Q13: Electronic funds transfer does not use paper
Q14: A blank endorsement is the safest type
Q15: Calculate the statement balance:<br> <span