When a Payor Bank Gets an Item Payable from a Customer's

question 54

Multiple Choice

When a payor bank gets an item payable from a customer's account with insufficient funds, the bank may:

• A) pay the item and charge it to the customer's account even though an overdraft is created.
• B) dishonor the item and return it.
• C) Either may happen.
• D) Neither is allowed.

Recognize the psychological and organizational outcomes of job enrichment.

Understand alternative work arrangements, including part-time, telecommuting, and flexible working hours.

Explain how job enrichment and task characteristics contribute to work motivation and satisfaction.

Understand the concept of job sharing and its benefits to both organizations and employees.

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Definitions:

Behavior Modification

A therapeutic approach aiming to change undesirable behaviors through the systematic application of the principles of learning.

Operant Conditioning

A learning process where the consequences of an action affect the likelihood of the action being repeated, involving rewards and punishments.

Social Learning

Observational learning that occurs when someone watches others get rewarded or punished for behavior.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response originally elicited by the second stimulus is eventually elicited by the first stimulus alone.