Who Is the Drawee of a Check

question 79

Multiple Choice

Who is the drawee of a check?

• A) the drawer of the check
• B) the financial institute where the drawer has an account
• C) the party to whom a check is written
• D) the financee to whom the check is drawn

---

Definitions:

Ratio Scale

The scale of measurement for a variable if the data demonstrate all the properties of interval data and the ratio of two values is meaningful. Ratio data are always numeric.

Nominal Scale

The scale of measurement for a variable when the data are labels or names used to identify an attribute of an element. Nominal data may be nonnumeric or numeric.

Ordinal Scale

A ranking scale used to measure variable where the order of values is significant, but the difference between values is not uniform.

Rank Order

A method of arranging data points based on their value, from highest to lowest or vice versa.