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Chapter 5 K

Terms from Chapter 5

QuestionAnswer
A statement that guides the ethical behavior of qa company and its employees. Code of conduct
A bank account from which payments can be ordered by a depositor. Checking Account
A signature or stamp on the back of a check, transferring ownership. Endorsement
An endorsement consiting only of the endorser's signature. Blank Endorsement
An endorsment indicating a new owner of a check. Special Endorsement
An endorsement restricting further transfer of a check's ownership. Restrivtive Endorsement
A check with a furture date on it. Postdated Check
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank. Bank Statement
A check that a bank refuses to pay. Dishonored Check
A computerized cash payments system that transferes funds without the use of checks, currency, or other paper documents. Electric funds tranfer
A bank card that automatically deducts that amount og a purchase from the checking account of the cardholder. Debit card
An amoun of cash kept on hand and used for making small payments. Petty cash
A form showing proof of a petty cash payment. Petty cash slip
Created by: kaleymarshall