To Prevent a Second Payment for an Invoice, the Check

question 102

Multiple Choice

To prevent a second payment for an invoice, the check signer should ________ the documents relating to the transaction.

• A)deface
• B)sign
• C)file
• D)throw away

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Definitions:

Exchanges

Places where securities, commodities, derivatives, and other financial instruments are traded.

Risk Premiums

The additional returns required by investors for taking on higher risk compared to a risk-free investment.

Maturity Risk

Refers to the risk associated with the length of time until the debt securities reach their date of maturity, affecting their price and interest rates.

Risk Premiums

The additional returns that an investor expects to receive from an investment to compensate them for higher risk.