Photocopies of the front and back of canceled checks are acceptable evidence of payment for courts as well as IRS audits.
Correct Answer:
Verified
Q1: A reconciled balance is found on the
Q2: NSF results in a bank crediting one's
Q7: Electronic funds transfer does not use paper
Q9: Timing plays no role in differences between
Q10: A blank endorsement is the safest type
Q11: Mobile banking is increasing today.
Q14: The use of smartphones in banking is
Q16: Online banking is always safe.
Q17: All checking accounts earn interest.
Q18: Outstanding checks have not reached the bank
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