Examlex

Solved

Which of the Following Is an Advantage of Using an External

question 41

Multiple Choice

Which of the following is an advantage of using an external recruiting agency?


Definitions:

Check Payment

A method of payment wherein the payer writes a check to the payee, who then deposits or cashes the check to receive the amount specified.

Teller's Check

A bank check that is drawn on the bank's own funds and signed by a cashier.

Drawer

The entity or person who writes or creates a check, thereby instructing the bank to pay the stated amount to the party named on the check.

Drawee

The party upon whom a check or draft is drawn, typically a bank, that is directed to pay a certain amount of money.

Related Questions