Which of the Following Events Would Cause a Bank to Debit

question 183

Multiple Choice

Which of the following events would cause a bank to debit a depositor's account?

• A) The depositor authorizes the bank to charge the depositor's account $50 for new checks.
• B) The bank collects a note receivable and related interest on the depositor's behalf.
• C) The depositor determines there are outstanding checks drawn on the account at month-end.
• D) The depositor determines there are deposits in transit on the account at month-end.
• E) The bank determines it incorrectly charged the depositor's account twice for the monthly service charge in a previous month.

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Definitions:

Signaling System

A signaling system involves the transmission of signals or messages between cells or organisms to coordinate functions, responses, or behaviors.

Microelectrode

A tiny electrode used to record electrical signals from single neurons.

Millivolts

A unit of electric potential equal to one thousandth of a volt.

Refractory Period

A period immediately following stimulation during which a nerve or muscle is unresponsive to further stimulation.