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Checking Multiple Choice Test

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Checking

Topics Include: endorsing checks, basic reconciliation information, and register information

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Which is the FIRST step in opening a checking account?

Maria prefers an endorsement that will make sure checks are used for deposits only to her business account. Which type of endorsement is preferred?

James received a $100 check. He wants to endorse this check over to Steve. Which type of endorsement should James use?

Phil is writing a personal check and just completed writing the amount of the check in words. What should Phil do NEXT?

Which is the FIRST step in the check writing process?

It is important to keep a check register for the following reasons EXCEPT

It is important to reconcile your account for the following reasons EXCEPT

Anyone may cash a check that has which endorsement?

The amount of a check recorded in the register should be:

Stephanie has endorsed a check by writing PAY TO THE ORDER OF and then another persons name below it. This is a

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