For Which Item Does a Bank NOT Issue a Debit

question 81

Multiple Choice

For which item does a bank NOT issue a debit memorandum?

• A)To notify a depositor of all withdrawals through an ATM.
• B)To notify a depositor of a fee assessed to the depositor's account.
• C)To notify a depositor of a uncollectible check.
• D)To notify a depositor of periodic payments arranged in advance, by a depositor.
• E)To notify a depositor of a deposit to their account.

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Definitions:

Safety Needs

In Maslow's hierarchy of needs, these are the second level of human needs, focusing on the security of the body, employment, resources, morality, the family, health, and property.

Individual Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Job Performance

The effectiveness with which job incumbents perform their tasks, duties, and responsibilities.

Organizational Culture

The collective values, beliefs, and standards that affect how employees perceive, feel, and act within a company.