Which of the Following Is True of the Check 21

question 34

Multiple Choice

Which of the following is true of the Check 21 Act?

• A) It allows banks to handle limited number of checks electronically.
• B) It has made it mandatory for banks to return the canceled checks to the customers.
• C) It authorizes banks to transform information they receive in electronic form back into a paper copy of the check.
• D) It requires that banks keep the customers' original checks for a specified period of time.