There are precautions to be observed when accepting checks.Match whether the following statements are considered a best practice (good policy)or not a best practice (not good policy).Note: Answers may be used more than once.
-Accept a check that has seven components that make it valid

Question

​There are precautions to be observed when accepting checks.Match whether the following statements are considered a best practice (good policy)or not a best practice (not good policy).Note: Answers may be used more than once.
-​Accept a check that has seven components that make it valid

Quizplus · Accepted Answer

Accepting a check that has all seven components that make it valid is a best practice because it ensures the check is legally binding and reduces the risk of fraud or rejection by the bank.

​There Are Precautions to Be Observed When Accepting Checks

There Are Precautions to Be Observed When Accepting Checks