Which of the Following Is an Example of a Credit

question 104

Multiple Choice

Which of the following is an example of a credit memorandum?

• A) Notice of a bank service charge
• B) Notice of interest earned on a checking account
• C) Outstanding checks
• D) A company's transposition error in the recording of a customer's check

---

Definitions:

Mindfulness

A cultivated perspective in which people are sensitive to context and focused on the present.

Meditation

A family of mental exercises in which a conscious attempt is made to focus attention in a nonanalytical way.

Mindlessness

Engaging in rote behavior, performing familiar, scripted actions without much cognition, as if on autopilot.

Mindlessness

A mental state characterized by a lack of conscious awareness or attentiveness, often resulting in automatic or habitual actions without thoughtful consideration.