The Three Basic Ways to Clear a Check Through the U.S

question 64

Multiple Choice

The three basic ways to clear a check through the U.S. banking system includes all of the following except

• A) through a Federal Reserve Bank.
• B) through the U.S. Treasury Bank.
• C) through a bank clearinghouse.
• D) bank to bank.

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Definitions:

New Words

Lexical items that have been recently created or entered into a language.

Procedural Memories

Memory of how to perform tasks, such as riding a bike or typing, that are done automatically without conscious thought.

Episodic Memories

Memories of specific events or experiences in one's life, including context details such as time and place.

Declarative Memories

Facts and incidents that can be intentionally remembered and brought to mind.