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When Amy goes shopping for clothes, she goes into every store in the mall looking for the best deal. She is very price conscious. On the basis of loyalty status, Amy can be described as a(n) ________.
Outstanding Checks
Checks that have been written and recorded in the checking account ledger but have not yet been cashed or cleared by the bank.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure consistency and accuracy of the figures.
NSF Check
A check that has been refused by the bank due to insufficient funds in the account it was drawn against.
Bank Service Charge
Fees charged by a bank for account services, such as account maintenance, transactions, and other banking services.
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