When a Cheque Is Presented for Payment, the Bank Will

question 179

Multiple Choice

When a cheque is presented for payment, the bank will

• A) credit the depositor's account.
• B) hold the cheque until deposits are cleared.
• C) debit the depositor's account.
• D) print more cheques for the depositor's use.

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Definitions:

Modern Production Facilities

Industrial or manufacturing plants that utilize the latest technology, equipment, and processes to increase efficiency, productivity, and quality of products.

CAD

Computer-Aided Design, technology used by engineers, architects, and designers to create precision drawings or technical illustrations.

CAM

Computer-Aided Manufacturing, a technology that uses computer software and machinery to automate the manufacturing process, improving efficiency and precision.