Federal Reserve Board Guidelines for Checks

question 58

Multiple Choice

Federal Reserve Board guidelines for checks:

• A) require indorsements to be in blue or black ink.
• B) must be followed or the check will not go through the banking system.
• C) require bank indorsements to be made within 2 inches of the left edge of the back of the check.
• D) Require indorsements to be in blue or black ink and that  bank indorsements to be made within 2 inches of the left edge of the back of the check.

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Definitions:

Nonsense Syllables

Random strings of letters without inherent meaning, often used in memory and learning experiments to study the processes of human cognition.

Ebbinghaus

Refers to Hermann Ebbinghaus, a psychologist known for his research on memory, specifically the forgetting curve and the spacing effect.

Multiple-Choice

A type of question or survey format that presents respondents with several answers and requires them to select the correct one.

Recognition

The cognitive process of identifying previously encountered information, such as objects, situations, or people, from among available options.