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Select the Correctly Spelled Word in Each Pair

question 15

Multiple Choice

Select the correctly spelled word in each pair. ___________________


Definitions:

Midnight Deadline

The end point, usually referred to the close of business, or 11:59 PM, by which a particular task or obligation must be completed.

Depositor

refers to an individual or entity that places money into a bank account with the expectation of withdrawing it later or using the banking services.

Payor Bank

The bank upon which a check is drawn and that is responsible for paying the amount specified on the check to the payee.

Collected

Refers to the process of gathering or accumulating items, information, or funds.

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