Cfl Unit 2 Questions And Answers With
Verified Solutions 100% Correct!!!
Check - ANSWER✔✔Legal documents that function like cash
ATM - ANSWER✔✔provides 24-hour bank access to make deposits, transfers,
and withdrawals
Checking Account - ANSWER✔✔an account at a bank that allows a customer to
deposit money and make withdrawals from the funds on deposit using a paper
check or electronic
Debit Card - ANSWER✔✔withdrawals from a bank account
Deposit Slip - ANSWER✔✔A bank form listing the cash and checks to be
deposited
PIN - ANSWER✔✔a password that allows access to an ATM (personal
identification number)
reconciling - ANSWER✔✔Compare bank statement with register
Through what methods can checking account funds be accessed? -
ANSWER✔✔By check, debit card, EFT
Using a PIN number is required or optional? - ANSWER✔✔Not optional if debit,
optional if credit
Verified Solutions 100% Correct!!!
Check - ANSWER✔✔Legal documents that function like cash
ATM - ANSWER✔✔provides 24-hour bank access to make deposits, transfers,
and withdrawals
Checking Account - ANSWER✔✔an account at a bank that allows a customer to
deposit money and make withdrawals from the funds on deposit using a paper
check or electronic
Debit Card - ANSWER✔✔withdrawals from a bank account
Deposit Slip - ANSWER✔✔A bank form listing the cash and checks to be
deposited
PIN - ANSWER✔✔a password that allows access to an ATM (personal
identification number)
reconciling - ANSWER✔✔Compare bank statement with register
Through what methods can checking account funds be accessed? -
ANSWER✔✔By check, debit card, EFT
Using a PIN number is required or optional? - ANSWER✔✔Not optional if debit,
optional if credit
