A Check That Bears a Forged Signature of the Drawer

question 32

True/False

A check that bears a forged signature of the drawer or payee is nevertheless properly payable from the customer's account.

---

Definitions:

Revenue Forecast

An estimate of the amount of money a company will generate from sales in a future period.

Cost Ratio

The measure of the costs associated with a financial transaction or an investment, relative to its benefits or returns.

Planning Assumptions

Presumptions or hypotheses used as a base for strategic planning and decision making within an organization.

Financial Results

The outcome of a company's financial activities and performance over a specified period, including revenues, net income, and earnings per share.