Personal Finance Final Exam

(a)   is a folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services.

(a)   a signature or an equivalent stamp that authorizes payment or a transfer of funds, or other financial transaction.

(a)   has no designated payee, so the person who possesses it can demand payment.

(a)   is one where the endorser puts his signature on the instrument as well as writes the name of a person to whom order the payment is to be made.

The most common (a)   is the phrase For Deposit Only written along with the payee's signature on the back of a check.

The maker of a bill of exchange or check is called the (a)   .

A (a)   is an individual or organization providing goods or services in exchange for money.

(a)   is the party that has been ordered by the drawer to pay a certain sum of money to the person presenting the check.

(a)   is a record of transactions in a checking account.

(a)   includes deposits, charges, withdrawals, as well as the beginning and ending balance for the period, along with any interest earned.