The Bank of First Deposit Will Select the Clearing Mechanism

question 13

Multiple Choice

The bank of first deposit will select the clearing mechanism to use based on all of the following except:

• A)the dollar amount of the check
• B)the location of the draw bank
• C)the desires of the party that wrote the check
• D)the availability schedule the bank would be granted for each clearing alternative

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Definitions:

Behavior

The behavior or responses of a person or system triggered by external or internal prompts.

Continuous Reinforcement

A reinforcement strategy where a behavior is reinforced every time it occurs, leading to rapid learning.

Interval

A specific period between events or a certain point in time within a continuum.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or is contained by it.