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American_Bankers_Association

CTFA · Question #92

It is a booklet provided with a supply of checks, used to maintain accurate records of all checking account transactions.

The correct answer is C. Checkbook ledger. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

It is a booklet provided with a supply of checks, used to maintain accurate records of all checking account transactions.

Options

  • AOverdrafts
  • BUndercrofts
  • CCheckbook ledger
  • DOverdraft protection

How the community answered

(23 responses)
  • A
    13% (3)
  • B
    4% (1)
  • C
    78% (18)
  • D
    4% (1)

Topics

#checkbook ledger#transaction records#checking accounts#account management

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