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.

---

Definitions:

Recruitment

The process of identifying, attracting, interviewing, selecting, and hiring employees.

Job Applicants

Individuals who apply or show interest in vacant positions within an organization.

Qualified Pool

A group of individuals who meet the specific qualifications or criteria for a particular role, job, or opportunity, often pre-screened for suitability.

Job Analysis

The process of gathering, documenting, and analyzing information about job responsibilities, tasks, necessary skills, outcomes, and work environment to determine job specifications.