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Finance Bank Receives a Check Drawn on the Account of Get-Rich

Question 39

Multiple Choice

Finance Bank receives a check drawn on the account of Get-Rich Industries,Inc.,one of the bank's customers,at 3 p.m.Friday.Hildy,the pre-senter of the check,is not one of the bank's customers.The bank uses de-ferred posting with a 2 p.m.cutoff hour.If it decides to dis-honor the check,it must do so by midnight


A) Saturday.
B) Sunday.
C) Monday.
D) Tuesday.

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