| A | B |
|---|
| Checks that have been written but not yet presented to the bank for payment are called _________. | outstanding checks |
| A fee charged to the depositor by the bank for maintaining bank records and for processing bank statement items is a(n) _________. | bank service charge |
| Deposits that have been made and recorded inthe checkbook but that do not appear on the bank statement are called ________. | outstanding deposits |
| A person or business that has cash on deposit in a bank is a(n) _________. | depositor |
| The card containing the signatures of the person(s) authorized to write checks on the bank account is called a(n)________. | signature card |
| Those steps the business takes to protect cash are called ________. | internal controls |
| A check returned by the bank because there are not enough funds in the drawer's checking account to cover the amount of the check is a(n) ________. | NSF check |
| Those controls on cash from outside the business are called ________. | external controls |
| Writing the word "VOID" across the front of a check is known as ________. | voiding a check |
| A(n) ________ is an itemized record of all the transactions occuring in a depositor's account over a given period, usually a month. | bank statement. |
| ___________ Allows banks to transfer funds between accounts without the exchange of paper checks. | electronic funds transfer |
