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WorksheetsCh 5 Cash Control Systems
Total questions: 21
Worksheet time: 11mins
Name
Class
Date
1.
An endorsement indicating a new owner of a check
a)
restrictive endorsement
b)
special endorsement
c)
corporate endorsement
d)
blank endorsement
2.
A bank form which lists the checks, currency, and coins an account holder is adding to the bank account
a)
check register
b)
signature card
c)
deposit slip
d)
voucher
3.
A signature or stamp on the back of a check transferring ownership
a)
signature card
b)
deposit slip
c)
check
d)
endorsement
4.
A bank account from which payments can be ordered by a depositor
a)
checking account
b)
savings account
c)
business account
d)
private account
5.
An endorsement stopping further transfer of a check's ownership
a)
full endorsement
b)
blank endorsement
c)
restrictive endorsement
d)
corporate endorsement
6.
A check with a future date on it
a)
Dishonored check
b)
Expired check
c)
Canceled check
d)
Postdated check
7.
A check dishonored by the bank because not enough money is in the account of the maker
a)
stale check
b)
outstanding check
c)
canceled check
d)
non-sufficient funds chk
8.
An endorsement consisting only of the endorser's signature
a)
blank endorsement
b)
restrictive endorsement
c)
special endorsement
d)
full endorsement
9.
A check that cannot be processed because the maker has made it invalid
a)
Voided check
b)
Dishonored check
c)
Expired check
d)
Postdated check
10.
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank (usually monthly)
a)
check register
b)
bank statement
c)
deposit slip
d)
bank reconciliation
11.
A check which has been paid by the bank
a)
dishonored check
b)
outstanding check
c)
voided check
d)
canceled check
12.
Check issued by a depositor but not yet reported on a bank statement.
a)
outstanding check
b)
canceled check
c)
dishonored check
d)
voided check
13.
A voided check is the same as a dishonored check.
a)
True
b)
False
14.
Deposits made at the bank but not yet shown on a bank statement
a)
outstanding deposits
b)
voided deposits
15.
Verifying that information on a bank statement and a checkbook are in agreement
a)
Reconciling
b)
Balancing
c)
Analyzing
d)
Journalizing
16.
A petty cash on hand amount that is more than the recorded amount
a)
Cash short
b)
Cash over
c)
Cash proof
17.
A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder
a)
credit card
b)
debit card
c)
gift card
d)
secured credit card
18.
A check that a bank refuses to pay
a)
canceled check
b)
outstanding check
c)
dishonored check
d)
voided check
19.
A petty cash on hand amount that is less than the recorded amount; expense to the business
a)
Cash short
b)
Cash over
c)
cash proof
20.
A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents
a)
manual system
b)
electronic funds transfer
21.
An amount of cash kept on hand and used for making small payments
a)
Hush Money
b)
Petty Cash
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