Which One of the Following Would NOT Cause a Bank

question 55

Multiple Choice

Which one of the following would NOT cause a bank to debit a depositor's account?

• A) bank service charge
• B) an electronic funds transfer to the depositor's account
• C) wiring of funds to other locations
• D) returned cheques marked NSF

---

Definitions:

Damaged Merchandise

Items that have suffered physical harm impairing their value, functionality, or saleability, which often result in inventory write-offs or markdowns.

Cost

The amount of money or resources expended to acquire an asset, produce a product, or operate a business activity.

Stockholders' Equity

After subtracting liabilities, the remaining interest in a company's resources represents the stake owned by its shareholders.

Net Income

The company's overall earnings following the deduction of all expenses, taxes, and costs from the gross revenue.