Which of the following best prevents the theft of customer checks received in the mail?

Question

Quizplus · Accepted Answer

Restricted endorsements are the most effective way to prevent theft of customer checks received in the mail. This involves endorsing the check with the phrase "for deposit only" and the company's account number immediately upon receipt, so the check can only be deposited into the company's account and not cashed by anyone else. Options A, C, and D are also important control measures, but are less effective at preventing theft of checks in the mail.

Which of the Following Best Prevents the Theft of Customer