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Chapter 5
Question | Answer |
---|---|
Bank Statement | A report of deposits withdrawals, and bank balances sent to a depositor by a bank |
Blank Endorsements | An Endorsement consisting of only the endorser's signature |
Checking Account | A account where you can be ordered by a depositor . |
Code of Conduct | A statement that guides the ethical behavior of a company and its employees |
Debit Card | A bank card that automatically deducts the amount that you paid |
Dishonored Check | A check that a bank refuses to pay |
Electronic Funds Transfer | A computerized cash payments system that refuses funds without the use of checks currency or other paper documents |
Endorsement | A signature or stamp on the back of a check transferring ownership. |
Petty Cash | An amount of cash on hand and used for making small payments |
Petty Cash Slip | A form showing proof of a petty cash payment |
Postdated Check | A check with a future date on it |
Restrictive Endorsement | An endorsement restricting further transfer of a check's ownership |
Special Endorsement | An endorsement indicating a new owner of a check |