Which of the Following Is a Bank Receiving a Transferred

question 13

Multiple Choice

Which of the following is a bank receiving a transferred check during a collection process excluding the first bank and the last bank?

• A) Depositary.
• B) Acknowledging.
• C) Collecting.
• D) Intermediary.
• E) Transferring.

---

Definitions:

Brazilian Real

The official currency of Brazil, abbreviated as BRL, and symbolized by "R$".

U.S. Dollar

A rephrased definition: The currency unit of the United States of America, widely used in global financial transactions and as a reserve currency.

Television Set

An electronic device designed to receive and display television broadcasts and other visual content.

Mexican Peso

The currency of Mexico, abbreviated as MXN.