What is a restrictive endorsement?
Financial Algebra Midterm Exam

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•
Mathematics
•
11th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
An endorsement that restricts or limits the use of a check, allowing it to be deposited into your account only.
2.
FLASHCARD QUESTION
Front
What is labeled number 4 on a check?
Back
Check number.
3.
FLASHCARD QUESTION
Front
What is a duplicate check?
Back
A convenient carbonless copy sheet of your check.
4.
FLASHCARD QUESTION
Front
What should you write on the back of a check to ensure it can only be deposited?
Back
For Deposit Only and Your Signature.
5.
FLASHCARD QUESTION
Front
What is a checkbook register?
Back
A booklet used to record checking account transactions.
6.
FLASHCARD QUESTION
Front
What is a blank endorsement?
Back
An endorsement that allows anyone to cash or deposit the check.
7.
FLASHCARD QUESTION
Front
What is the purpose of a check?
Back
A written order directing a bank to pay a specific amount from a person's account.
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