In a Paper Record, Which of the Following Is Never

question 113

Multiple Choice

In a paper record, which of the following is never an acceptable method of correction to a handwritten entry?

• A) Draw a line through the error.
• B) Erase or use a correction fluid.
• C) Insert the correction above the error.
• D) Write initials or signature below the correction and date.
• E) All of the above are acceptable.

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Definitions:

Political Connections

Relationships and networking with political figures or institutions that can influence business outcomes or opportunities.

Contractual Liability

Refers to the legal obligation a party assumes when entering into a contract, requiring them to fulfill the terms of the agreement.

Indorser

A person who signs a document, typically a negotiable instrument, indicating their intention to transfer the document to someone else.

Transferor

The party who transfers rights or property to another party, the transferee.