Banks Require Each Person Authorized to Sign on an Account

question 56

Multiple Choice

Banks require each person authorized to sign on an account to provide a(n) ________ which protects against forgery.

• A) confirmation card
• B) signature card
• C) authorization form
• D) online transfer form

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Definitions:

Gross Domestic Product

The sum of the economic value of every product and service generated inside a nation's boundaries over a particular time frame.

Final Goods And Services

Products that have been processed to their final form and are available for consumption or investment without further modification.

Final Good

A product that is consumed by the end user and does not require any further processing or manufacturing.

Real GDP

Gross Domestic Product adjusted for inflation, representing the value of all goods and services produced by an economy in a given year in constant prices.