HC21 Banking Questions and Answers New (2025/2026) Solved 100% Correct
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Course
HC21 Banking
Institution
HC21 Banking
Why is it necessary to reconcile the bank statement with the office check ledger?
-To ensure the accuracy of both documents
-To find out which deposits have been processed
-To find out which checks have not been processed
-All of the above - ️️All of the above
Which of these best describes...
HC21 Banking
Why is it necessary to reconcile the bank statement with the office check ledger?
-To ensure the accuracy of both documents
-To find out which deposits have been processed
-To find out which checks have not been processed
-All of the above - ✔️✔️All of the above
Which of these best describes a check endorsement?
-The payor's signature on the front of the check
-The date on the front of the check
-The amount written for the check to be made payable for
-The payee's signature on the back of the check - ✔️✔️The payee's signature on the
back of the check
Which of the following definitions best describes a deposit slip?
-An itemized statement of ATM withdrawals
-A careless mistake made when depositing money
-An itemized memo of funds to be posted to a bank account
-A receipt given to patients after they pay their bill - ✔️✔️An itemized memo of funds to
be posted to a bank account
Which of the following endorsements specifies the person to whom the endorser is
making the check payable?
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