Sarah Has a Checking Account at First Bank

question 25

Multiple Choice

Sarah has a checking account at First Bank. Orrin steals one of her blank checks, writes a check for $250, and then forges Sarah's signature. He then presents the check to First Bank for payment. First Bank pays the forged instrument. Which of the following statements is correct?

• A) First Bank will have to recredit the $250 to Sarah's account if she so requests, if Sarah was not found to be negligent.
• B) Orrin is responsible to First Bank for the $250.
• C) Sarah is primarily liable if she was negligent in allowing Orrin to take the blank check.
• D) All of these.

Understand different types of temperaments in children and how they influence behavior and emotional responses.

Recognize the best fit between child temperament and their environment.

Describe the concept of social cognition and its importance in understanding and processing information about others.

Understand the role of empathy and prosocial behavior in child development.

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Definitions:

Equivalent Units

A concept used in cost accounting to convert partially completed units of production into a number of fully completed units for accounting purposes.

Process Costing

A costing methodology used in industries where production is continuous, allocating costs over the entire production process rather than individual products.

Assembly-Type Operations

Manufacturing processes where products are assembled from various components along a production line or assembly station.

Ending Work in Process Inventory

The value of goods that are partially completed at the end of an accounting period, which have not yet been transferred to finished goods inventory.