Which of These Is NOT a Suggested Way to Prevent

question 26

Multiple Choice

Which of these is NOT a suggested way to prevent check fraud?

• A)Leave no extra spaces on a check.
• B)Sign a check in the presence of a teller.
• C) Have your Social Security number printed on your checks.
• D) Reconcile your checking account regularly.

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Definitions:

Refunding

The process of replacing an old debt with a new one, usually with better terms, such as a lower interest rate.

Old Issue

A topic or problem that has been present or discussed for a long time.

New Bond Issue

The process of offering new bonds to investors for the first time to raise capital for the issuer.

Convertible Bonds

Bonds that can be converted into a predetermined number of a company’s shares, at the option of the bondholder, usually at certain times during their life.