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A Traveler's Check Is a Personal Check That Has Been

question 29

True/False

A traveler's check is a personal check that has been certified as being good by the financial institution on which it is drawn.


Definitions:

Source Document

A primary document that holds the necessary information to verify a transaction recorded in a financial system.

Manual

A handbook or guide that provides instructions or guidelines on how to perform tasks or operate machinery or equipment.

Computerized Accounting System

A software system that is used for processing accounting transactions and managing accounts with minimal manual input.

Title

The legal right to own or possess something, such as property or a title to a vehicle, representing ownership and legal possession.

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