A Check Is Finally Paid When ________

question 2

Multiple Choice

A check is finally paid when ________.

• A) the depository bank credits the customer's account with an option to reverse the credit in case of dishonoring of the check
• B) the payer bank fails to dishonor the check within certain statutory time periods
• C) the drawer settles for the check while holding a right to revoke the settlement
• D) the final bank in the collection process tentatively credits the account of the prior transferor

---

Definitions:

Special Offer

A promotional deal or discount aimed at encouraging consumers to buy a product or service.

Direct Materials

The raw materials that can be directly traced to the manufacturing of a product.

Remachine

The process of reworking or refurbishing a piece of machinery to restore its functionality or improve its performance.

Manufacturing Cost

The total expense incurred in the process of producing goods, including direct materials, direct labor, and manufacturing overhead.