menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 8: Cash and Internal Controls
  5. Question
    A Check Involves 3 Parties: a Maker Who Signs the Check
Solved

A Check Involves 3 Parties: a Maker Who Signs the Check

Question 185

Question 185

True/False

A check involves 3 parties: a maker who signs the check, a payee who is the recipient, and a bank on which the check is drawn.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q180: Internal control of cash receipts aims to

Q181: Because employees know that bonding is an

Q182: Describe the basic bank services that contribute

Q183: A set of procedures and approvals for

Q184: Cash registers, time clocks, and personal identification

Q186: All of the following are true of

Q187: Meng Co. maintains a $300 petty cash

Q188: Money orders, cashier's checks, and certified checks

Q189: A voucher system establishes procedures for verifying,

Q190: A sales system with pre-numbered, controlled sales

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines