The Two Routes of Check Clearance Include the _____________ Settlement

question 33

Multiple Choice

The two routes of check clearance include the _____________ settlement, in which the transaction takes place entirely within a single Federal Reserve district, and the _____________ settlement, in which there are relationships between banks of two Federal Reserve districts.

• A)interdistrict, intradistrict
• B)intradistrict, interdistrict
• C)Fed wire, District wire
• D)District wire, Fed wire
• E)none of the above

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Definitions:

Lie-Detector Test

A test using a polygraph machine to measure physiological responses that are believed to indicate lying.

Polygraph

A device that measures and records several physiological indicators such as blood pressure, pulse, and perspiration while the subject is asked questions, purported to indicate lying.

Innocent Person

An individual who has not committed the crime or offense they are accused of.

Guilty Person

An individual who has committed a crime or a wrongful act, or who believes themselves to have done so.