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Chapter 5
| Question | Answer |
|---|---|
| Code of conduct | statement that guides the ethical behavior of a company and its employees, consultants, and the public. |
| checking account | a bank account from which payments can be ordered by a depositor |
| endorsement | signature or stamp on the back of a check transferring ownership |
| blank endorsement | endorsement consisting only of the endorser's signature |
| special endorsement | endorsement indicating a new owner of a check |
| restrictive endorsement | endorsement restricting further transfer of a check's ownership |
| postdated check | A check with a future date |
| bank statement | reports of deposits, withdrawals, and bank balances sent to a depositor by a bank |
| dishonored check | A check the bank refuses to pay |
| electronic funds transfer | computerized cash payments system that transfers funds without the use of checks currency or other paper documents |
| debit card | A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder |
| petty cash | an amount of cash kept on hand and used from making small payments |
| petty cash slip | a form showing proof of a petty cash payments |
Created by:
15zaw
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