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PUHSD Accounting 1-2 Vocabulary Chapter 5

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10th - 12th Grade

Used 127+ times

PUHSD Accounting 1-2 Vocabulary Chapter 5
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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account from which payments can be ordered by a depositor is called:

Savings Account
Checking Account
Money Market Account
IRA Account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank form which lists the checks, currency, and coins an account holder is adding to the bank account is called:

Deposit Slip
Savings Slip
Checking Slip
Withdrawal Slip

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A signature or stamp on the back of a check transferring ownership is called an:

Blank Endorsement
Special Endorsement
Restrictive Endorsement
Endorsement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An endorsement consisting only of the endorser's signature is called:

Endorsement
Blank Endorsement
Special Endorsement
Endorsement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An endorsement indicating a new owner of a check is called:

Blank Endorsement
Special Endorsement
Restrictive Endorsement
Endorsement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An endorsement restricting further transfer of a check's ownership is called:

Endorsement
Blank Endorsement
Special Endorsement
Restrictive Endorsement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check that cannot be processed because the maker has made it invalid is called:

Postdated Check
Voided Check
Dishonored Check
Canceled Check

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