Which of the Following Statements Regarding Check 21 Is False

question 69

Multiple Choice

Which of the following statements regarding Check 21 is false?

• A)It allows banks to exchange checks electronically.
• B)Before this system, paper checks were flown around the country from bank-to-bank.
• C)It does not require banks to be able to accept substitute checks.
• D)It significantly reduced float.

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Definitions:

Mental Process

The internal, covert activities of the mind, such as thinking, reasoning, imagining, and remembering.

Self-help Book

A book designed to offer advice and information on improving one’s life, focusing on personal improvement and self-care.

Vague Advice

is guidance that is not clear, specific, or practical, making it difficult to follow or implement.

Dependent Variable

The variable in a study that is expected to change as a result of variations in another variable, known as the independent variable.