Match the Terms with the Definitions

question 71

Multiple Choice

Match the terms with the definitions.
-A statement of account issued by a bank to each depositor once a month.

• A)restrictive endorsement
• B)bank reconciliation
• C)bank statement
• D)blank endorsement
• E)canceled checks
• F)petty cash fund
• G)payee
• H)check
• I)check stub
• J)petty cash payments record
• K)NSF checks
• L)deposit ticket
• M)deposits in transit
• N)drawee
• O)drawer
• P)electronic funds transfer
• Q)endorsement
• R)magnetic ink character recognition code

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Definitions:

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, often in a more conservative or riskier direction.

Production Blocking

A phenomenon where group members have to wait on each other before they can propose their ideas, leading to a slowdown in the creative process.

Delphi Method

A structured communication technique, often used in forecasting and decision making, that relies on a panel of experts answering questionnaires in two or more rounds.

Nominal Group Technique

A systematic technique for facilitating brainstorming in a group setting, ensuring all members have the opportunity to contribute.