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Chapter 5 K
Terms from Chapter 5
| Question | Answer |
|---|---|
| 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
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