This type of endorsement is used when you want to deposit an entire check into your account.
Banking

Quiz
•
Business
•
10th - 12th Grade
•
Medium
Jaclyn Phillips
Used 46+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Full
Restrictive
Blank
2.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
This type of endorsement is used when you want to transfer the funds to someone else.
Full
Restrictive
Blank
3.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
This type of endorsement is your signature only, is the most common but least safe.
Full
Restrictive
Blank
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
With a minimum balance checking account, you
can only write one check a month.
you have to keep a certain balance or there are fees.
is great for high school students.
5.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
A check that has been written but has not yet been cashed or deposited by the payee is known as a(n)
bounced check
cleared check
outstanding check
6.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
A check that has been written and the money has been subtracted from your account is known as a(n)
bounced check
cleared check
outstanding check
7.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
A check that has been written more than available in the account is known as a(n)
bounced check
cleared check
outstanding check
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