| A | B |
|---|
| code of conduct | a statement that guides the ethical behavior of a company and its employees |
| check | a business form ordering a bank to pay cash from a bank account |
| deposit slip | a bank form which lists the checks, currency, and coins an account holder is adding to the bank account |
| endorsement | a signature or stamp on the back of a check transferring ownership |
| blank endorsement | an endorsement consisting only of the endorser’s signature |
| special endorsement | an endorsement indicating a new owner of a check |
| restrictive endorsement | ”an endorsement restricting further transfer of a check’s ownership; for example |
| postdated check | a check with a future date on it |
| voided check | a check that cannot be processed because the maker has made it invalid |
| bank statement | a report of deposits, withdrawals, and bank balances sent to a depositor by a bank |
| canceled check | a check which has been paid by the bank and is returned to a depositor with a bank statement |
| ATM | automatic teller machine that dispenses cash or performs other banking services when an account holder inserts a bank card |
| flowchart | a graphic representation of a process |
| FDIC | Federal Deposit Insurance Corporation protects depositors from banks that fail and insures deposits up to $250 |
| dishonored check | a check that a bank refuses to pay |
| non-sufficient funds (NSF)check | a check dishonored by the bank because of insufficient funds in the account of the maker of the check |
| electronic funds transfer | ”a computerized cash payments system that transfers funds without the use of checks |
| 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 for making small payments |
| petty cash slip | a form showing proof of a petty cash payment |
| accounting clerk | an accounting worker who processes routine details about accounting transactions and usually works in one or more specific areas of an accounting department such as accounts payable |
| cash short | a petty cash on hand amount that is less than the recorded amount |
| cash over | a petty cash on hand amount that is more than the recorded amount |
| CPA | certified public accountant is an accounting professional who has passed the Uniform CPA examination and has also met additional state certification and experience requirements. |
| ATM card | a plastic card used to withdraw money from a banking institution’s automatic teller machine (ATM) |
| online banking | computerized service that allows a bank’s customers to get online with the bank to view the status of their accounts and transaction history |
| deposit account | Interest earning account at a bank or other depository institution the withdrawals from which are limited to the amount of the account's credit balance |
| source document | Check, cash register slip, deposit slip, invoice, voucher, memorandum, etc., that proves that a business dealing or transaction has occurred. |
| bank reconciliation | “a process that explains the difference on a specified date between the bank balance shown in an organization's bank statement |
| bank reference | information released by a bank about a customer to another bank or lending institution |
| bank service charge | monthly or annual maintenance fee charged by a bank for certain accounts |
| Objective Evidence | ”an accounting concept stating that every transaction must have a source document |
| outstanding check | a check written by a depositor that has not yet been presented for payment to or paid by the depositor's bank |
| outstanding deposit | a deposit made at a bank but not yet shown on the bank statement |
| checking account | A bank account from which payments can be ordered by a depositor |
