Monica Bates Received a Check and Endorsed It by Simply

question 97

Multiple Choice

Monica Bates received a check and endorsed it by simply signing her name on the reverse side of the check.This is called

• A)a special endorsement.
• B)a deposit endorsement.
• C)a restrictive endorsement.
• D)a blank endorsement.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels within a business.

Customers Served

The number of individual clients or customers that a business has provided products or services to within a specific timeframe.

Flexible Budget

A budget that dynamically adjusts in correlation with variations in volume or activity levels.

Donations

Voluntary contributions of assets, including money or goods, to a person, group, or organization without expecting any return.