Checks May Be Cleared By

question 147

Multiple Choice

Checks may be cleared by:

• A) the Federal Reserve
• B) savings & loans
• C) Credit Unions
• D) the Treasury

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Definitions:

Input Value

The data received by a system from external sources, often used as parameters for processes or as triggers for actions within the system.

Set-Point Value

A predetermined value at which a system aims to maintain a specific variable, such as temperature or pressure, in automation and control systems.

Data Compare

A function or process of analyzing and identifying differences or similarities between two sets of data.

Transfer

The act of moving data, energy, or materials from one location, system, or medium to another.