American_Bankers_Association

CTFA · Question #91

______________ is the result writing a check for an amount greater than the current account balance.

The correct answer is A. Overdrafts. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

______________ is the result writing a check for an amount greater than the current account balance.

Options

AOverdrafts
BUndercrofts
CCheckbook ledger
DOverdraft protection

How the community answered

(27 responses)

A
70% (19)
B
11% (3)
C
4% (1)
D
15% (4)

Topics

#overdrafts#checking accounts#account balance#deposit accounts

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