A(n)______________ Is a Form of Check in Which the Bank

question 271

Multiple Choice

A(n) ______________ is a form of check in which the bank is both the drawer and the drawee.

• A)real check
• B)bank check
• C)cashier's check
• D)credit check
• E)cashier's note

---

Definitions:

FAIS

The Financial Advisory and Intermediary Services Act, legislation aimed to regulate the offering of certain financial advisory and intermediary services to customers.

CRM

Customer Relationship Management, a technological approach to managing a company's interactions with current and potential customers, focusing on nurturing relationships to drive sales growth.

DSS

Stands for Decision Support System, a computer-based information system that supports business or organizational decision-making activities.

TPS

A Transaction Processing System is an information system designed to gather, store, alter, and recover an organization's transaction data.