Solved

Match the Correct Definitions Below with the Terms

Question 103

Matching

Match the correct definitions below with the terms .

Premises:
Bank form listing all items being deposited
Cash fund used for making change for customers
Checks issued by the writer that have been paid by the bank
A record indicating the amount of each petty cash voucher
Person to whom a check is payable
Cash fund used for making small, immediate cash payments
Number used by the Federal Reserve Bank to identify the financial institution
A fraud prevention cash management program offered by banks in an attempt to protect customers and the bank
This transfers title to the money and authorizes payment of the check
A form stating who took money from the Petty Cash Fund and for what use
Responses:
Petty Cash Fund
Bank routing number
Canceled checks
Positive pay
Payee
Petty cash payments record
Deposit slip
Endorsement
Change Fund
Petty cash voucher

Correct Answer:

Bank form listing all items being deposited
Cash fund used for making change for customers
Checks issued by the writer that have been paid by the bank
A record indicating the amount of each petty cash voucher
Person to whom a check is payable
Cash fund used for making small, immediate cash payments
Number used by the Federal Reserve Bank to identify the financial institution
A fraud prevention cash management program offered by banks in an attempt to protect customers and the bank
This transfers title to the money and authorizes payment of the check
A form stating who took money from the Petty Cash Fund and for what use
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