Checking study guide

Most common type of endorsement.

• Blank

• Qualified

• Restrictive

• Special

A bank account from which payments can be ordered by a

depositor.

• checking account

• debit card

• dishonored check

• petty cash

A signature or stamp on the back of a check, transferring

ownership.

• endorsement

• canceled check

• checking account

• NSF check

Signing or endorsing a check over to another person.

• special endorsement

• restrictive endorsement

• blank endorsement

An endorsement restricting further transfer of a check’s

ownership.

• special endorsement

• restrictive endorsement

• postdated check

• blank endorsement

Non-profit financial institution that is owned by the shareholders and pay dividends based on income

• Credit Union

• Bank

Reconciling your account is to compare your check register to your bank statement.

• True

• False

Which of the following cannot be done by online banking?

• check your account balance
• pay bills
• transfer money
• cash a check

The advantage of using your _________________________ is that you always know your account balance.

• phising
• deposit slips
• checkbook register

If a banker questions the endorsement on your paycheck, he or she can compare it with the _________________________ you filled out.

• deposit slio
• checkbook register
• signature authorization form