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:

Seaquake

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Footwear made from waterproofed fabric, particularly treated with oil for rain protection, commonly used in outdoor activities.

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An official record book kept by the ship's officer, detailing the ship's course, speed, distance traveled, and significant events during the voyage.