Deferred Posting Refers To

question 66

Multiple Choice

Deferred posting refers to:

• A) the ability of a bank to reverse credits to a customer's account if a deposited check is later dishonored
• B) the ability of a bank to directly credit "on us" items
• C) the use of the Federal Reserve System for processing checks
• D) the ability of a bank to treat transactions occurring after a stated time of day as if they occur on the next banking day

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Definitions:

Code

A system of symbols and rules used to represent instructions to be executed by a computer; also, can refer to the act of writing computer programs.

Meaning

The significance or interpretation of a word, sentence, symbol, or gesture.

Retrieve

The process of accessing and bringing into conscious thought information stored in the memory.

Research Participants

Individuals who take part in scientific studies, contributing data through their responses, behaviors, or biological samples.