IIA
IIA-CFSA · Question #87
During the posting process of ledger records on deposit account banks may reject some transactions because:
The correct answer is D. All of these. See the full explanation below for the reasoning.
Question
During the posting process of ledger records on deposit account banks may reject some transactions because:
Options
- AThey lack proper endorsements
- BThey are subject to stop payments
- CThey would create an over draft
- DAll of these
How the community answered
(13 responses)- B8% (1)
- C8% (1)
- D85% (11)
Community Discussion
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