Accounting Chapter 5
Business
10th - 12th Grade
Used 41+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank.
Invoice
Balance Sheet
Checking Account
Bank Statement
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An endorsement consisting of only the endorser's signature.
Blank Endorsement
Special Endorsement
Restrictive Endorsement
Regular Endorsement
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An endorsement indicating a new owner of a check.
Blank Endorsement
Special Endorsement
Restrictive Endorsement
Regular Endorsement
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An endorsement restricting further transfer of a check's ownership.
Blank Endorsement
Special Endorsement
Restrictive Endorsement
Regular Endorsement
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A check that contains errors must be marked with the word VOID so that others will know that it is not to be used.
True
False
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The source document for a debit card purchase is a memorandum.
True
False
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The source document for an electronic funds transfer is a memorandum.
True
False
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