Multiple Choice
Which one of the following is TRUE of a signature card?
A) It shows each authorized person's signature for a bank account.
B) It is the same as a deposit receipt and acts as a proof of the deposit transaction.
C) It can be used as a debit card.
D) It can only be used for bank accounts of individuals, not for the bank accounts of businesses.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Which of the following statements describes an
Q9: As proof of the deposit transaction,a customer
Q10: Violators of the Sarbanes-Oxley Act may be
Q11: A customer's check for $1,200 was
Q12: A company has a petty cash fund
Q14: Before any internal control procedure is initiated,which
Q15: Debit cards reduce the customer's bank account
Q16: A receiving report should be matched with
Q17: Under the Sarbanes-Oxley Act,accounting firms are allowed
Q18: Controlling operations is a key responsibility of