When a Check Is Drawn and Cleared, the

question 246

Multiple Choice

When a check is drawn and cleared, the

• A) reserves and deposits of both the bank against which the check is cleared and the bank receiving the check are unchanged by this transaction.
• B) bank against which the check is cleared loses reserves and deposits equal to the amount of the check.
• C) bank receiving the check loses reserves and deposits equal to the amount of the check.
• D) bank against which the check is cleared acquires reserves and deposits equal to the amount of the check.

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Definitions:

Myelination

The formation of a myelin sheath around the nerve fibers, which increases the speed and efficiency of electrical signals in the nervous system.

Peripheral Slowing Hypothesis

The theory that suggests that overall processing speed declines in the peripheral nervous system with increasing age.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the central nervous system to limbs and organs.

Lateralization

The process in which certain cognitive functions are located more in one hemisphere of the brain than in the other.