If the Numerical and Written Amounts on a Check Differ

question 59

True/False

If the numerical and written amounts on a check differ, the check is payable in the written amount.

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Definitions:

Unfunded Mandate

A statute or regulation that requires a state or local government to perform certain actions, with no money provided for fulfilling the requirements.

No Child Left Behind

A U.S. Act of 2001 aimed at closing the achievement gap with accountability, flexibility, and choice, so that no child is left behind in education.

Department of Homeland Security

A federal department in the United States established to ensure the safety and security of the country from terrorist attacks, man-made accidents, and natural disasters.

Average Tax Rate

The fraction of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.