A Check Drawn on a Financial Institution,backed by the Financial

question 1

Multiple Choice

A check drawn on a financial institution,backed by the financial institution's finances,and made out to a specific payee is called a

• A)certified check.
• B)money order.
• C)cashier's check.
• D)traveler's check.

---

Definitions:

Marketing Manager

A professional role responsible for planning, executing, and overseeing marketing strategies and initiatives to promote products, services, or brands.

Monthly Sales

The total revenue generated from sales transactions within a month.

Target Profit

The specific amount of net income that a company aims to achieve for a certain period.

Fixed Expenses

Consistent costs that do not change in total over a short period, regardless of the level of production or sales.