The _____ Refers to a Written Order for a Certain

question 41

Short Answer

The _____ refers to a written order for a certain amount of money to be transferred on a certain date from the person who owes the money or agrees to make the payment.

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Definitions:

Documentation

Written or electronic records that provide evidence of transactions, processes, or agreements.

Verification

The process of ensuring the accuracy and validity of data or documents.

Bank Reconciliation

A process that explains the difference between the bank balance shown in a company's bank statement and its financial records.

NSF Check

A check that cannot be processed due to insufficient funds in the account it is drawn on, commonly known as a bounced check.