Search Header Logo
Understanding and Voiding Checks

Understanding and Voiding Checks

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might someone need to void a check?

To correct a mistake on the check

To change the bank account number

To make it redeemable

To increase the check amount

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of voiding a check?

To change the payee

To increase the check's value

To make it non-redeemable

To alter the check number

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you use to write 'VOID' on a check?

A red pen

A blue or black pen

A pencil

A highlighter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you avoid writing over when voiding a check?

The date

The memo line

The payee's name

The check number

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to keep a copy or picture of a voided check?

To use it for another transaction

To have a reference in case of discrepancies

To verify the check number

To send it to the bank

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?