American_Bankers_Association

CTFA · Question #90

After opening the checking account, follow these basic procedures Except:

The correct answer is D. Sign the check in a different way than on the signature card. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

After opening the checking account, follow these basic procedures Except:

Options

AAlways right checks in ink
BInclude the name of the person being paid the date, and the amount of the check
CNote the check's purpose on the check
DSign the check in a different way than on the signature card

How the community answered

(27 responses)

A
11% (3)
B
4% (1)
C
7% (2)
D
78% (21)

Topics

#check writing#signature card#account procedures#deposit accounts

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