Which of the Following Is True of Check Collection

question 87

Multiple Choice

Which of the following is true of check collection?

• A)Checks and other drafts collected through the banking system usually have two parties-the drawer and the drawee bank.
• B)If the payee deposits the check at a bank other than the drawee bank,the latter will take a series of steps necessary to reflect the deposit as a credit to the payee's account.
• C)If the payee deposits the check at the same bank as the drawee bank,the depositary bank will make the ledger entry showing the deposit as a credit to the payee's account.
• D)If the drawee and depositary banks are in the same town or county,the depositary bank will indorse the check and deliver it to the drawee bank for payment.

Distinguish between different supply chain management and marketing channel strategies.

Describe the process and importance of reverse logistics in supply chain sustainability.

Understand the components that constitute total logistics cost.

Identify and describe the factors affecting customer service in logistics.

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Definitions:

Multiplexing

A method for combining multiple signals or data streams into one, reducing the number of physical wires or channels needed.

Computer Processing

The series of actions performed by a computer or processor to execute commands and run programs.

SAE J1587/1708 Data Bus

Communication protocols used in the heavy-duty vehicle industry for exchanging electronic information between control units and devices.

Data Connector

The means of connecting an electronic service tool (EST) to a chassis data bus. Data bus connectors can be six-pin (J1587/1708) or the newer nine-pin (J1939) Deutsch black and green connectors. All U.S.-built trucks have a data connector located on the left side of the steering column, either under the dash or to the left side of the driver’s seat.