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Accounting-Acc. Chapter 11 Quiz
Master Acc. Chapter 11 Quiz
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, Business - Accounting II of VII pagesCircle the letter of the Definition that corresponds to the displayed Term.
1. Blank Endorsement
A: A check that has a future date instead of the actual date; it should not be deposited until the date on the
B: Procedures within the business that are designed to protect cash and other assets and to keep reliable
C: An itemized record of all the transactions in a depositor’s account over a given period, usually a month.
D A check endorsement that includes only the signature or stamp of the depositor. It does not specify the
2. Restrictive Endorsement
A: A check paid by the bank, deducted from the depositor’s account, and returned with the bank statement
B: A check that has a future date instead of the actual date; it should not be deposited until the date on the
C A check endorsement that transfers ownership to a specific owner and limits how the check may be
D: A person or business that has cash on deposit in a bank.
3. Cancelled Check
A A check paid by the bank, deducted from the depositor’s account, and returned with the bank statement
B: The bank on which a check is written.
C: A check endorsement that transfers ownership to a specific owner and limits how the check may be
D: A copy of a canceled check; it is sent with the bank statement in place of the original canceled check.
4. Payee
A: A check endorsement that includes only the signature or stamp of the depositor. It does not specify the
B: A bank form containing the signature(s) of the person(s) authorized to write checks on a checking
C: Computer terminal where account holders can conduct various banking activities.
D The person or business to whom a check is written or a note is payable.
5. Drawer
A The person who signs a check.
B: A fee the bank charges for maintaining bank records and processing bank statement items for the
C: The bank on which a check is written.
D: Making a check unusable by writing the word Void in ink across the front of the check.
6. Bank Service Charge
A: A copy of a canceled check; it is sent with the bank statement in place of the original canceled check.
B: The bank on which a check is written.
C: A written order from a depositor telling the bank to pay a stated amount of cash to the person or
D A fee the bank charges for maintaining bank records and processing bank statement items for the
Business - 2024/25 2024/2025 Edition
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