free Kanye Flashcards

1
Q

a check that a bank refused to pay is called a

A

dishonored check

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2
Q

a check dishonored by the bank because of insufficient funds in the account of the maker of the check is called a

A

non sufficient funds check

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3
Q

a non-sufficient funds check is also known as

A

NSF check

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4
Q

a computerized cash payment system that transfers funds without the use of checks, currency, or other paper documents is called

A

electronic funds transfer

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5
Q

a bank card that automatically deducts the amount of purchase from the checking account of the cardholder is called a

A

debit card

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6
Q

an amount of cash kept on hand and used for making small payments is called

A

petty cash

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7
Q

a form showing proof of a petty cash payment is called a

A

petty cash slip

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8
Q

a petty cash open hand amount that is less than the recorded amount is

A

cash short

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9
Q

a petty cash on hand amount that is more than the recorded amount is called

A

cash over

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10
Q

A business form ordering a bank to pay cash from a
bank account is known as a

A

check

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11
Q

A bank account from which payments can be ordered by
a depositor is called a

A

checking account

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12
Q

A bank form that lists the checks, currency, and coins an
account holder is adding to the bank account is called a

A

deposit slip

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13
Q

A signature or stamp on the back of a check transferring
ownership is called an

A

endorsement

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14
Q

An endorsement consisting only of the endorser’s
signature is called a

A

blank endorsement

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15
Q

An endorsement indicating a new owner of a check is
called a

A

special endorsement

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16
Q

A special endorsement is sometimes known as an

A

endorsement in full

17
Q

reAn endorsement restricting further transfer of a check’s
ownership is called a

A

restrictive endorsement

18
Q

A report of deposits,
withdrawals, and bank
balances sent to a
depositor by a bank is
called a

A

bank statement

19
Q

A check that has been
paid by the bank is called
a

A

canceled check