To Create a New Document Based on One of the Templates

question 45

Multiple Choice

To create a new document based on one of the templates, click it, and then in the right pane, click the ____ button.

• A) New
• B) the Template Wizard
• C) Open
• D) Create

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Definitions:

Collection Float

The time span between when a check is deposited and when the funds are actually available in the account, reflecting processing time.

Checks

Checks are written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated party.

Bank

A financial institution licensed to receive deposits and make loans.

Lockbox System

A service provided by banks to process payments quickly by having those payments mailed directly to a location accessible by the bank.