Examlex

Solved

Which of the Following Is the Path to the Trace

question 80

Multiple Choice

Which of the following is the path to the Trace Precedents button?


Definitions:

Cheques

Documents that order a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

Collection Float

The time span between when a check is deposited and when the funds are actually available in the account, reflecting processing time.

Checks

Checks are written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated party.

Related Questions