A System of Handling Cash Receipts by Mail Whereby Customers

question 123

Multiple Choice

A system of handling cash receipts by mail whereby customers send checks in payment of their accounts directly to a post office box controlled by a bank is a(n) :

• A)imprest system.
• B)lock-box system.
• C)phishing system.
• D)online banking system.

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Definitions:

Separated

The condition in which individuals who were previously jointly situated, like married couples, choose to live apart without dissolving the legal union.

Divorced

A legal dissolution of a marriage by a court or other competent body, officially ending a marital relationship.

Lesbian Woman

A woman who is emotionally, romantically, and/or sexually attracted to other women.

Same-Sex Partners

Individuals who are involved in a romantic or sexual relationship with someone of the same sex.