| A | B |
|---|
| A(n)____endorsement limits how a check may be handled to protect the check from being cashed by anyone except the payee. | restrictive |
| The bank on which a check is written is the_____ | drawee |
| The_____enables banks to transfers quickly and accurately from one account to another account without the immediate exchange of checks. | electronic funds transfer system |
| A(n)_____is a person or business that has cash on deposit at a bank. | depositor |
| _____are deposits that have been made and recorded in the checkbook but that do not appear on the bank statement. | outstanding checks |
| The person who signs a check is the_____. | drawer |
| A(n)____is an authorized signature that is written or stamped on the back of a check. | endorsement |
| _____are checks that have been written but not yet presented to the bank for payment. | outstanding checks |
| An itemized record of all the transactions occurring in a depositor's account over a given period is a(n)______. | bank statement |
| The bank form on which the currency and checks to be deposited are listed is known as the______. | deposit slip |
| A(n)_____contains the signature of the person(s) authorized to write checks on a bank account. | signature card |
| A(n)____is a fee charged by the bank for maintaining bank records and for processing bank statement items for the depositor. | bank service charge |
| ______are checks that are paid by the bank, deducted from the depositor's account, and returned with the bank statement. | canceled checks |
| _____are the outside controls a business can use to protect its cash and other assets. | external controls |
| The practice of marking a check that contains an error so that it will not be used is known as ______. | voiding a check |
| A demand by the depositor that the bank not honor a certain specific check is a(n)_____. | stop payment order |
| _____are steps that a business takes to protect its cash and other assets. | internal controls |
| The _____is the person or business to whom a check is written. | payee |
| With a(n)_____,a business can deposit cash in a bank and write checks on a bank account. | checking account |
| A(n) is a check returned by the bank because there are not sufficient funds in the drawer's checking account to cover the amount of the check. | NSF check |
| A(n) is a written order from a depositor telling the bank to pay a stated amount of cash to the person or business named on the order. | check |
| ____is the process of determining any differences between the balance shown on the bank statement and the checkbook balance. | reconciling the bank statement |
