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Sarah purchased school supplies with a store gift card of $300. This is an example of which type of payment service?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
Southern Life Insurance Company makes money on selling specific services such as policies instead of retaining their customers money. This is an example of which type of financial institution?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
The Federal Reserve System approved the merger of Wachovia Bank and Wells Fargo Bank. This is an example of which service of the Federal Reserve System?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
Maria prefers an endorsement that will make sure checks are used for deposits only to her business account. Which type of endorsement is preferred?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
Phil is writing a company check and just completed writing the amount of the check in words. What should Phil do NEXT?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
James received a $100 check. He wants to endorse this check over to Steve. Which type of endorsement should James use?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
Which is the FIRST step in the check writing process?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
Todd gave Intrek Computer Services a personal check for which his bank guaranteed payment. This is an example of which type of payment service?
Full
Electronic
Non-depository
Approving bank mergers
Restrictive endorsement
Write in the purpose of the check
Certified check
Writing the appropriate information in the check register
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