____, Which Are Similar to a Check Except They Are

question 42

Multiple Choice

____, which are similar to a check except they are not payable on demand, are used primarily to provide for centralized control over payments authorized in field offices.

• A) Preauthorized checks
• B) Drafts
• C) Mail depository transfer checks
• D) Electronic depository transfer checks

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Definitions:

0.51%

A percentage, typically representing an interest rate, dividend yield, or other financial ratio indicating a small change or amount.

Sum of Money

An amount of money expressed as a total figure, without specifying denominations or breakdown.

Increased

A term that signifies a rise in quantity or quality, often used in financial and statistical contexts.

Reduced

A term often used to describe a decrease or diminution in size, quantity, or intensity.